Stock Markets ended with gains once again but better on 31st July. Bank of Japan has increased the interest rates but it did not bring down investors’ enthusiasm. Still, investors are circumspect about US Federal reserve announcement. Indices again hit lifetime highs for the fourth consecutive session.
In the session, investors started the session better than previous closing. BSE Sensex kept trading above 81,400 mark throughout the session. Also, Nifty50 Sensex did not fall down 21,850 mark. Hence, Big indices of Stock Markets, BSE gained 285.95 points to close at 81,741.34 and Nifty50 gained 93.85 points to close at 24,951.15 mark.
In this session of Stock Markets, BSE Sensex started trading above previous closing at 81,655.90 and then continued to trade between 81,434.32 – 81,828.04. On the other hand, Nifty Sensex started trading above previous closing at 24,886.70 mark and it hit its highest for the day at 24,984.60. While Nifty50 hit the lowest at 24,856.50.
Indian Rupee traded at Rs.83.71 against USD on 31st July 2024. Asian Paints, Maruti Suzuki India, NTPC, Bharti Airtel and ITC ended as Top Gainers in Sensex. Tata Motors, JSW Steel, Asian Paints, HDFC Life Insurance Company, NTPC, and SBI Life Insurance Company ended as Top Gainers in Nifty50.
On the other hand in top indices of Stock Markets; Reliance Industries, Tata Motors, Infosys, Mahindra & Mahindra, and Bajaj Finance stocks ended as Top Loser in Sensex. While Britannia Industries, Dr Reddys Laboratories, Reliance Industries, Tata Consumer, and Grasim Industries ended as Top Losers in Nifty50.
