Stock Markets have continued gains streak on 20th February 2024, as well. Traders started investing in the big stocks after an underwhelming beginning mid-session. International Stock Markets did not really give great confidence but traders invested at slightly low trending. Hence, BSE gained 349.24 points to close at 73,057.40 and Nifty gained 74.70 points to close at 22,196.95 mark.
BSE Sensex started trading at 72,727.87 and then continued to trade between 72,510.24 – 73,130.69. Index had a big negative start lower than previous closing. At lows, traders started investing in big Indian company stocks and that helped index recover and consolidate gains. Hence, BSE ended the trading session at 73,057.40 by gaining 349.24 points.
Nifty Sensex started trading at 22,099.20 mark and it hit its highest for the day at 22,215.60. Nifty50 hit the lowest at 22,045.85. Index did not start on a positive note. Slowly, it started trading high and then had great oscillations. Towards the end traders invested in big Indian companies. Hence, Nifty50 ended by gaining 74.70 points on 22,196.95.
Indian Rupee traded at Rs.82.95 against US Dollar on 20th February, 2024. Powergrid Corporation, HDFC Bank, Axis Bank, NTPC, Kotak Mahindra Bank, IndusInd Bank, Nestle India, Tech Mahindra, Bajaj Finance shares have gained highly. TCS, JSW Steel, HCL Technologies, Bajaj Finserv, Maruthi Suzuki, ITC, Infosys, Wipro, Tata Motors, Tata Steel shares ended up as losers in this session.