Stock Markets Update: Markets trade upwards finally!

International Markets also traded in positive and that helped this rally. In the end, BSE gained 562.75 points to close at 60,655.72 and Nifty gained 158.45 points to close at 18,053.30 mark.

Stock Markets recover after crash on Monday
Stock Markets recover after crash on Monday

Stock Markets on 17th January traded upwards after a dull Monday post Festival. Indian Stock Markets started out dull on Tuesday but soon picked up pace as IT, Power, Energy, Real Estate stocks saw a boom. International Markets also traded in positive and that helped this rally. In the end, BSE gained 562.75 points to close at 60,655.72 and Nifty gained 158.45 points to close at 18,053.30 mark.

BSE Sensex of Stock Markets started trading at 60,142.08 mark and then continued to trade between 60,072.34 to 60,704.48 range. Finally, BSE ended the trading session at 60,655.72 by gaining 562.75 points. Nifty Sensex of Stock Markets started trading at 17,922.80 mark and it hit highest for the day at
18,072.05. Nifty hit the lowest at 17,886.95. It started slow but gradually picked up steam to end at 18,053.30 by gaining158.45 points.

Indian Rupee traded at Rs. 81.75 against US Dollar on Tuesday. Post Makar Sankranthi festival, Indian Stock Markets seem to have joined the pace at which European and Asia-Pacific Stock Markets are trending. A very fruitful day for all those traders who did not stale out or sell off their stocks in IT, Real Estate companies. Let’s hope this rally continues further too.

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