Stock Markets just kept trading low on Monday, as well. Markets have been on a down run from last two sessions. In the third session as well, Stock Markets reported losses but they are not huge. Traders have been circumspect for most part of the session. International Stock Markets still did not recover. Hence, BSE lost 115.81 points to close at 66,166.93 and Nifty lost 19.30 points to close at 19,731.75 mark.
BSE Sensex of Stock Markets started trading at 66,238.15 mark and then continued to trade between 66,039.38 to 66,342.75 range. Index started low and then continued to trade in red throughout. BSE ended the trading session at 66,166.93 by losing 115.81 points.
Nifty Sensex of Stock Markets started trading at 19,737.25 mark and it hit highest for the day at 19,781.30. Nifty50 hit the lowest at 19,691.85. Index started low and recovered in the first hour. Mid-session Index dropped and towards the end recovered a bit. Still, Nifty50 ended by losing 19.30 points on 19,731.75.
Indian Rupee traded at Rs.83.21 against US Dollar on Monday. Pharma and Real Estate sectors have suffered huge in Stock Markets during this session. The run is bad for markets as it is not finding a consistent momentum. It is oscillating between highs and lows throughout. Stock Markets need a simple calm positive run for traders to feel confident to invest further.
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