Stock Markets is back to registering losses on Tuesday. Traders have invested in stocks during the last session in September. But they have resorted to putting selling pressure on 3rd October. International Stock Markets have gone through huge losses and that affected Indian Markets, too. Right from the opening bell to the closing, traders kept selling off their possessions. Stock Markets did not receive any kind of positive help from any quarter. Hence, BSE lost 316.30 points to close at 65,512.10 and Nifty lost 109.55 points to close at 19,528.75 mark.
BSE Sensex of Stock Markets started trading at 65,813.42 mark and then continued to trade between 65,344.59 to 65,813.50 range. Index kept trading in downtrend right from the opening hour. BSE ended the trading session at 65,512.10 by losing 316.30 points. Nifty Sensex of Stock Markets started trading at 19,622.40 mark and it hit highest for the day at 19,623.20. Nifty50 hit the lowest at 19,479.65. Index kept experiencing selling pressure throughout the session. Hence, Nifty50 ended by losing 109.55 points on 19,528.75.
Indian Rupee traded at Rs.83.19 against US Dollar on Tuesday. RBI is going to make announcement about inflation and interest rates this week. Stock Markets have taken a huge beating as traders are circumspect waiting for these announcements. Bajaj Finserv, L & T, Titan, Bajaj Finance, SBI, UltraTech Cements, Axis Bank, IndusInd Bank, HCL Tech, HUL, Asian Paints stocks have registered profits in Sensex30 index. Stock Markets did not start October well and we have to wait and see, if the downtrend continues further.
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