Stock Markets ended flat on 19th August after big bull run on 16th August. Investors remained circumspect for the entire session with oscillations between major gains and dips in BSE. While the dips haven’t been as massive as previous sessions, the trend did not indicate big trust from investors looking at, mainly US, global cues.
Going into the details, this session saw traders being very conservative right from start. While both started trading above the previous closing, they did not continue the momentum. While BSE oscillated big time, Nifty50 remained flat and in gains. In totality, Big indices of Stock Markets, BSE lost 12.16 points to close at 80,424.68 and Nifty50 gained 31.50 points to close at 24,572.65 mark.
In this session of Stock Markets, BSE Sensex started trading higher than the previous closing at 80,680.25 and then continued to trade between 80,332.65 – 80,724.40. On the other hand, Nifty Sensex started trading higher than the previous closing too, at 24,636.35 mark and it hit its highest for the day at 24,638.80. While Nifty50 hit the lowest at 24,522.95.
Indian Rupee traded at Rs.83.88 against USD on 19th August 2024. Tata Steel, Tata Consultancy Services, NTPC, Asian Paints, Reliance Industries ended as Top Gainers in Sensex. Hindalco Industries, Bharat Petroleum Corporation, Shriram Finance, Tata Steel, LTI Mindtree ended as Top Gainers in Nifty50.
On the other hand in top indices of Stock Markets; Mahindra & Mahindra, Indusind Bank, Axis Bank, Bharti Airtel, Tata Motors stocks ended as Top Losers in Sensex. While Mahindra & Mahindra, Indusind Bank, Bajaj Auto, Axis Bank, SBI Life Insurance Company ended as Top Losers in Nifty50.
