Stock Markets on 16th March recovered slightly from losses for 5 sessions. Credit Suisse announced that they have acquired 52 Billion USD of funds from Swiss Bank. International Stock Markets have recovered after that news and this helped even Indian Markets. Zee Entertainment and Asian Paints, DLF have recovered well today. By the end of the trading session of Stock Markets, BSE gained 78.94 points to close at 57,634.84 and Nifty gained 13.45 points to close at 16,985.60 mark.
BSE Sensex of Stock Markets started trading at 57,510.80 mark and then continued to trade between 57,158.69 to 57,887.46 range. Finally, BSE ended the trading session at 57,634.84 by gaining 78.94 points. Nifty Sensex of Stock Markets started trading at 17,166.45 mark and it hit highest for the day at 17,211.35. Nifty hit the lowest at 16,938.90. It started low, gradually recovered with ups and downs throughout. It ended the session by gaining 13.45 points and ended at 16,985.60.
Indian Rupee traded at Rs.82.74 against US Dollar on Thursday. Markets kept going up and down throughout the day. Stock Markets at least gaining marginally after losses for 5 straight sessions has given traders some hope for coming days.