Stock Markets lost huge on 26th February 2024. Traders never saw any kind of encouragement to invest in stocks during the session. International Stock Markets have ended with losses and this also helped in strengthening the negative trend. Hence, BSE lost 352.66 points to close at 72,790.13 and Nifty lost 90.65 points to close at 22,122.05 mark.
BSE Sensex started trading at 73,044.81 and then continued to trade between 73,092.26 – 72,666.82. Index started with losses on 26th and continued to trade below the previous closing mark. IT and Financial sectors faced huge selling pressure. Hence, BSE ended the trading session at 72,790.13 by losing 352.66 points.
Nifty Sensex started trading at 22,169.20 mark and it hit its highest for the day at 22,202.15. Nifty50 hit the lowest at 22,075.15. Index did not start on a positive note and continued to trade in losses throughout. Banking sector took heavy losses and hence, Nifty50 ended by losing 90.65 points on 22,122.05.
Indian Rupee traded at Rs.82.88 against US Dollar on 26th February, 2024. L&T, Powergrid Corporation, Hindustan Unilever, HDFC Bank ended with good profits despite such negative trading session. PayTM shares did see 4.99% growth during this session. Stock Markets have incurred profits last week and started off on a negative note this Monday. Let’s see how they trade from Tuesday.
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