Stock Markets mirrored trading on Tuesday almost like Monday. The streak of positive gains has ended and new streak of losses has taken over. Stock Markets again started low and continued to trade in red all-day. Adani, Reliance and Apollo Hospitals shares have been the biggest losers on Tuesday. By the end of the trading session of Stock Markets, BSE lost 183.74 points to close at 59,727.01 and Nifty lost 46.70 points to close at 17,660.15 mark.
BSE Sensex of Stock Markets started trading at 59,991.26 mark and then continued to trade between 59,579.30 to 60,113.47 range. Finally, BSE ended the trading session at 59,727.01 by losing 183.74 points. Nifty Sensex of Stock Markets started trading at 17,766.60 mark and it hit highest for the day at 17,766.60, only. Nifty hit the lowest at 17,610.20. It kept falling till the mid-session. By the end of the session it rose up and ended the session by losing 46.70 points on 17,660.15.
Indian Rupee traded at Rs.82.04 against US Dollar on Tuesday. Tata Chemicals, TV18 Broadcast Limited have been among the biggest losers. Stock Markets have been hurt by Holiday time coming around. As major traders are looking to sell off and make major gains before Eid, it is hurting markets. Experts state more than Holiday period, it is global recession fears and Covid-19 cases surge are setting fears in traders. Stock Markets need to find a way to again be in the profits.
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