Stock Markets continue to register losses even on Monday. For two consecutive sessions, Markets saw traders not showing much interest in investing but selling off. International Stock Markets have registered mixed results and this has been major factor. Automobile sector shares have also registered huge losses. Rupee losing value against USD has also contributed to these low returns. Hence, BSE lost 139.58 points to close at 65,655.15 and Nifty lost 37.80 points to close at 19,694.00 mark.
BSE Sensex started trading at 65,787.51 mark and then continued to trade between 65,844.01 to 65,547.80 range. Index has started lower than previous sessions. Traders have never shown interest in investing and it oscillated in creating losses. Hence, BSE ended the trading session at 65,655.15 by losing 139.58 points.
Nifty Sensex started trading at 19,731.15 mark and it hit highest for the day at 19,756.45. Nifty50 hit the lowest at 19,670.50. Major stocks have seen losses and throughout the session, it traded in losses. In the first hour, it has seen margin profits but then ended below 19,800 mark. Hence, Nifty50 ended by losing 37.80 points on 19,694.00.
Indian Rupee traded at Rs.83.35 against US Dollar on 20th November 2023. Rupee has hit all-time low at this rate and we have to see how it will recover in coming days. Bharati Airtel, HCL Tech, Wipro, Tech Mahindra, TCS, Maruthi, Titan, IndusInd Bank, Kotak Mahindra Bank, SBI shares have registered profits in SENSEX30 index of Stock Markets. With these low returns, traders are not enthusiastic about next sessions. Let’s hope they will return to investing in coming days.