Stock Markets recovered on Tuesday after major dip but on Wednesday they lost hugely. Markets seem to have did not give much confidence to Traders. International Stock Markets have been facing huge losses and traders did not want to risk their investments. While in the morning, the indices looked positive, from mid-session they collapsed. Stock Markets ended by losing huge on Wednesday. Hence, BSE lost 208.01 points to close at 61,773.78 and Nifty lost 62.60 points to close at 18,285.40 mark.
BSE Sensex of Stock Markets started trading at 61,834.28 mark and then continued to trade between 61,708.10 to 62,154.14 range. Finally, BSE ended the trading session at 61,773.78 by losing 208.01 points. Nifty Sensex of Stock Markets started trading at 18,294.80 mark and it hit highest for the day at 18,392.60. Nifty hit the lowest at 18,262.95. The index started high but dipped to trade in red from mid-session. It ended by losing 62.60 points on 18,285.40.
Indian Rupee traded at Rs.82.68 against US Dollar on Wednesday. Traders looked to sell off their positions in Stock Markets on the day. Adani Enterprises, HDFC shares, Reliance have lost hugely during the session. Stock Markets are completely going in volatile zone these days. Traders need to look at their options carefully in coming days.
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