Stock Markets kept crashing on Friday and ended the Pooja weekend on a negative note. Traders did not invest much in low priced stocks as well. International Stock Markets continued to trade in losses. Israel – Hamas conflict has been costing markets dearly. Stock Markets did not find any support from traders at any point in this session. Hence, BSE lost 231.62 points to close at 65,397.62 and Nifty lost 82.05 points to close at 19,542.65 mark.
BSE Sensex of Stock Markets started trading at 65,437.07 mark and then continued to trade between 65,555.14 to 65,308.61 range. Index started low and kept losing throughout. BSE ended the trading session at 65,397.62 by losing 231.62 points. Nifty Sensex of Stock Markets started trading at 19,542.15 mark and it hit highest for the day at 19,593.80. Nifty50 hit the lowest at 19,518.70. Index kept losing from start to end. Hence, Nifty50 ended by losing 82.05 points on 19,542.65.
Indian Rupee traded at Rs.83.08 against US Dollar on Friday. Kotak Mahindra Bank, IndusInd Bank, TCS, NTPC, HDFC Bank, Bharati Airtel, Nestle India, Asian Paints, Bajaj Finance, Sun Pharma stocks have lost hugely in SENSEX30 index of Stock Markets. This week has been highly traumatic to traders as they kept losing all their gains. Major amount of traders have decided to take out their investments with prolonged war and growing indiference Internationally. Stock Markets would look to recover after Pooja Holidays and we hope, that is the case.
Stock Markets Update: Sensex kept losing on Thursday too!