Stock Markets raced to new lifetime highs but ended with losses again on 27th May 2024. Investors started off the trade higher than previous closing and this led for the indices to touch new highs once again. Rally in Banking and Financial services stocks has also led to this kind of profitable trading
Intraday, BSE has been able to hit 76,000 mark at its peak but lost 600 points to end the session in losses. Nifty50 also continued the same trend as it traded above 23,000 till it hit 23,100 mark and then fell flat. Lastly, indices of Stock Markets, BSE lost 19.89 points to close at 75,390.50 and Nifty lost 24.65 points to close at 22,932.45 mark.
In this session of Stock Markets, BSE Sensex started trading at 75,655.46 and then continued to trade between 76,009.68 – 75,175.27. On the other hand, Nifty Sensex started trading at 23,038.95 mark and it hit its highest for the day at 23,110.80. Nifty50 hit the lowest at 22,871.20.
Indian Rupee traded at Rs.83.12 against USD on 27th May 2024. Wipro, Sun Pharma, Mahindra & Mahinda, NTPC and ITC ended as Top Gainers in BSE. Divi’s Laboratories, IndusInd Bank, Adani Ports & SEZ, Axis Bank and Larsen & Toubro in Top Gainers in Nifty50.
On the other hand in Stock Markets, Adani Enterprises, Wipro, Grasim Industries, SBI Life and ONGC stocks ended as Top Losers in Nifty50. IndusInd Bank, Axis Bank, Bajaj Finance, HDFC Bank and Tata Steel ended as Top Losers in BSE. Media, Metal, Oil & Gas, FMCG and Auto sectors in the indices ended with huge losses.
Paayal Rajput’s “Rakshana” to release worldwide on this date
