Stock Markets Update: Markets tumble and recover!

But Indian markets after trading low throughout the day, did find traders buying stocks in the last half-an-hour to recover. By the end of the trading session of Stock Markets, BSE gained 123.63 points to close at 60,348.09 and Nifty gained 42.95 points to close at 17,754.40 mark.

Stock Markets tumble and recover on Wednesday
Stock Markets tumble and recover on Wednesday

Stock Markets on 8th March started low and traded in losses for almost last hours of the day. Jerome Powel statements about Fed rates increase and inflation did hurt International Stock Markets. But Indian markets after trading low throughout the day, did find traders buying stocks in the last half-an-hour to recover. By the end of the trading session of Stock Markets, BSE gained 123.63 points to close at 60,348.09 and Nifty gained 42.95 points to close at 17,754.40 mark.

BSE Sensex of Stock Markets started trading at 59,916.10 mark and then continued to trade between 59,844.82 to 60,402.85 range. Finally, BSE ended the trading session at 60,348.09 by gaining 123.63 points. Nifty Sensex of Stock Markets started trading at 17,665.75mark and it hit highest for the day at 17,766.50. Nifty hit the lowest at 17,602.25. It traded low in the morning hours but recovered in the last one hour and ended the session by gaining 42.95 points and ended at 17,754.40.

Indian Rupee traded at Rs.81.99 against US Dollar on Wednesday. SBI could find increase in Stock Value by 0.41%. IDBI Bank declared DHFL promoters – Kapil Wadhawan, Dheeraj Wadhawan has defaulters and lost 0.51% value. Well, Stock Markets have recovered just-in time this day. Will they again go down bear route or bull route will catch up, we have to wait and see.

Do you know why these foods are popularly consumed on Holi?