Stock Markets have recovered with marginal gains on Wednesday. Traders continued to be circumspect after losses yesterday. Also, US Federal Reserve President Jerome Powell’s impending annoucement as resulted in the same. Traders did not invest as much and did not look to sell-off positions, too. Hence, BSE gained 33.21 points to close at 64,975.61 and Nifty gained 36.80 points to close at 19,443.50 mark.
BSE Sensex started trading at 65,101.95 mark and then continued to trade between 64,851.06 to 65,124.00 range. Index started on the lower side and continued to trade at the same level. In a zigzag way the index kept dancing throughout. BSE ended the trading session at 64,975.61 by gaining 33.21 points.
Nifty Sensex started trading at 19,449.60 mark and it hit highest for the day at 19,464.40. Nifty50 hit the lowest at 19,401.50. Index started low and then continued to trade at the same level. Towards the end, traders did invest in few big stocks. Hence, Nifty50 ended by gaining 36.80 points on 19,443.50.
Indian Rupee traded at Rs.83.28 against US Dollar on Wednesday. Asian Paints, Titan, L&T, ITC, JSW Steel, HUL, Maruthi, Reliance, TCS, M&M, Bajaj Finserv shares registered huge profits in SENSEX30 index. Stock Markets have remained flat for two consective sessions. Traders are slightly circumspect before big festival like Diwali.