Stock Markets recovered well on Wednesday from losses. Traders have been able to reverse the trend during the session. International Stock Markets have ended with mixed results and that forced traders to look to sell-off their possessions. Markets recovered mid-session after initial losses and ended with gains. Stock Markets have ended the streak of losses to good extent. BSE gained 173.22 points to close at 66,118.69 and Nifty gained 51.75 points to close at 19,716.45 mark.
BSE Sensex of Stock Markets started trading at 65,925.64 mark and then continued to trade between 65,549.96 to 66,172.27 range. Index oscillated between profits and losses throughout the session. BSE ended the trading session at 66,118.69 by gaining 173.22 points. Nifty Sensex of Stock Markets started trading at 19,637.05 mark and it hit highest for the day at 19,730.70. Nifty50 hit the lowest at 19,554.00. Index went through huge losses in the first hour and recovered mid-session. Hence, Nifty50 ended by gaining 51.75 points on 19,716.45.
Indian Rupee traded at Rs.83.21 against US Dollar on Wednesday. L&T, Maruthi, Reliance, Sun Pharma, Axis Bank, ITC, IndusInd Bank, HUL, UltraTech Cements, Bharthi Airtel, Wipro, Infosys made profits on Sensex30 of Stock Markets. After going through losses for many sessions, finally, markets recovered well enough on Wednesday. Traders have decided to invest in stocks after they fell to low prices. We have to wait and see how Stock Markets will react to September closing weekend.
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