Stock Markets have been on a bear run and continued so on Friday. Traders continued the great positive momentum on Friday, as well. International Stock Markets ending on positive note and crude oil prices decreasing as also helped. Adding to these factors, RBI has kept the repo rate as it is and did not increase interest rates. This factor helped Stock Markets to end the week on a huge high. BSE gained 364.06 points to close at 65,995.63 and Nifty gained 107.75 points to close at 19,653.50 mark.
BSE Sensex of Stock Markets started trading at 65,867.54 mark and then continued to trade between 65,762.33 to 66,095.81 range. Index continued to trend in gains till the end of the session. BSE ended the trading session at 65,995.63 by gaining 364.06 points. Nifty Sensex of Stock Markets started trading at 19,621.20 mark and it hit highest for the day at 19,675.75. Nifty50 hit the lowest at 19,589.40. Index continued to end on gains once again. Hence, Nifty50 ended by gaining 107.75 points on 19,653.50.
Indian Rupee traded at Rs.83.13 against US Dollar on Friday. Bajaj Finserv, Bajaj Finance, Titan, IndusInd Bank, ITC, JSW Steel, Infosys, Tech Mahindra, TCS, Sun Pharma, Tata Steel, Tata Motors stocks reported gains in Sensex30. Stock Markets have started September on bull run and then ended the month in opposite way. Now, October started on weak note but ended first week in a rally market. We have to wait and see, how Palestine – Israel war effect Stock Markets from next week.
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