Stock Markets recovered from huge losses and ended with huge gains on 29th January, 2024. Traders invested in big stocks like HDFC Bank and Reliance. International Stock Markets have ended with gains and started on a positive note. This also helped indices to register such huge gains. Hence, BSE gained 1,240.90 points to close at 71,941.57 and Nifty gained 385.00 points to close at 21,737.60 mark.
BSE Sensex started trading at 70,968.10 mark and then continued to trade between 70,880.54 to 72,010.22 range. Index started off on a huge note and then continued to trade in green. At one time, the session has crossed 72,000 mark. With huge gains over 1200 points, BSE ended the trading session at 71,941.57 by gaining 1,240.90 points.
Nifty Sensex started trading at 21,433.10 mark and it hit highest for the day at 21,763.25. Nifty50 hit the lowest at 21,429.60. Index started above 21,400 mark and stayed in the same range throughout. Rally in the big stocks helped the gains to multi-fold during the session. Hence, Nifty50 ended by gaining 385.00 points on 21,737.60.
Indian Rupee traded at Rs.83.16 against US Dollar on 29th January, 2024. ITC, Infosys, JSW Steel, Tech Mahindra, TCS shares have registered huge gains in Stock Markets. In January, major stocks have seen huge oscillations with gains and losses. Such volatility has been scaring new traders but experts state the gains should continue for several sessions.
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