Stock Markets registered huge losses on Thursday. Traders did not seem to be quite sure about Markets being able to sustain profits. They kept going for selling off their position and Stock Markets suffered huge losses. Also, Crude Oil prices and International Stock Markets results have also effected the session. Hence, BSE lost 610.37 points to close at 65,508.32 and Nifty lost 192.90 points to close at 19,523.55 mark.
BSE Sensex of Stock Markets started trading at 66,406.01 mark and then continued to trade between 65,423.39 to 66,078.26 range. Index oscillated between profits and losses throughout the session. BSE ended the trading session at 65,508.32 by losing 610.37 points. Nifty Sensex of Stock Markets started trading at 19,761.80 mark and it hit highest for the day at 19,766.65. Nifty50 hit the lowest at 19,492.10. Index kept experiencing selling pressure throughout the session. Hence, Nifty50 ended by losing 192.90 points on 19,523.55.
Indian Rupee traded at Rs.83.19 against US Dollar on Thursday. L&T, Bharati Airtel, Powergrid, Axis Bank, SBI shares only managed to register profits in Sensex30 of Stock Markets. After recovering from losses, many wanted the markets to continue Bull run, once again. But Traders have shown very little faith in stocks and markets had to incur huge losses. Stock Markets would be hoping to end September on a high on 29th.
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