Stock Markets recovered during mid-session but lost huge and ended flat on Monday. Markets needed to face a lot of oscillation during the sessions. International Stock Markets have returned with mixed results. Traders, in the beginning, showed extreme confidence during the mid-session. Stock Markets ended flat without proper gains. Hence, BSE gained 14.54 points to close at 66,023.69 and Nifty gained 0.30 points to close at 19,674.55 mark.
BSE Sensex of Stock Markets started trading at 66,082.99 mark and then continued to trade between 65,764.03 to 66,225.63 range. Index oscillated between profits and losses throughout the session. BSE ended the trading session at 66,023.69 by gaining 14.54 points. Nifty Sensex of Stock Markets started trading at 19,678.20 mark and it hit highest for the day at 19,734.15. Nifty50 hit the lowest at 19,601.55. Index during the mid-session gained huge but then fell for selling pressure. Hence, Nifty50 ended by gaining 0.30 points on 19,674.55.
Indian Rupee traded at Rs.83.14 against US Dollar on Monday. Stock Markets did not imbibe same confidence as they did last week. Traders seem to have lost confidence in Indian Companies to invest in their stocks. India – Canada growing dispute has made the things even worse. Stock Markets will be looking to recover before 30th September closing. Let’s see how the traders will react in coming days.
Wamiqa Gabbi takes inspiration from Phoebe Waller Bridge for her role in Charlie Chopra and the Mystery of Solang Valley