Stock Markets succumb to external pressure and register losses on Thursday. Traders did not find much enthusiasm to invest in Indian stocks. Market kept osciallting between marginal gains and losses. International factors also did not help much. Hence, BSE lost 143.41 points to close at 64,832.20 and Nifty lost 48.20 points to close at 19,395.30 mark.
BSE Sensex of Stock Markets, started trading at 65,025.32 mark and then continued to trade between 65,046.56 to 64,768.76 range. Index started on the lower side and continued osciallting. Towards the end of the session, Index is hit by selling pressure. BSE ended the trading session at 64,832.20 by losing 143.41 points.
Nifty Sensex started trading at 19,457.40 mark and it hit highest for the day at 19,463.90. Nifty50 hit the lowest at 19,378.35. Index kept oscillating upon a low start. The selling pressure has never let the traders really find any gains. Hence, Nifty50 ended by losing 48.20 points on 19,395.30.
Indian Rupee traded at Rs.83.29 against US Dollar on Thursday. M&M, Powergrid, IndusInd Bank, Tata Motors, L&T, Maruthi, Tata Steel, Bajaj Finserv, NTPC. HCL Tech shares registered gains in Sensex30. Traders did not find much favorable factors to latch on to. Well, before Diwali traders would be hoping for a strong close for the weekend, Tomorrow.