Stock Markets continued to register marginal losses on Thursday. Markets have gone through correction in this session after two big rallies. International Stock Markets did not end on a great positive note and Indian markets also had similar effect. TCS results did not impress traders as expected. Stock Markets have faced major issues with traders selling off IT stocks. Hence, BSE lost 64.66 points to close at 66,408.39 and Nifty lost 17.35 points to close at 19,794.00 mark.
BSE Sensex of Stock Markets started trading at 66,564.57 mark and then continued to trade between 66,339.42 to 66,577.60 range. Index started high but kept oscillating between highs and lows. BSE ended the trading session at 66,408.39 by losing 64.66 points. Nifty Sensex of Stock Markets started trading at 19,822.70 mark and it hit highest for the day at 19,843.30. Nifty50 hit the lowest at 19,772.65. Index started slightly high but dipped into losses soon. It kept oscillating between profits and losses throughout the session. Hence, Nifty50 ended by losing 17.35 points on 19,794.00.
Indian Rupee traded at Rs.83.23 against US Dollar on Thursday. Maruthi, Powergrid, NTPC, M&M, JSW Steel, HDFC Bank, Tata Steel, ITC, Tata Motors, Titan, UltraTech Cements, Sun Pharma stocks registered gains in Sensex30. Stock Markets might end this week on similar note. As major companies are releasing their results, not many are anticipating huge surge. Stock Markets with great rallies gave boost to traders but seem like the downtrend will continue.
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