Stock Markets Update: Indices fall slightly on 15th May

Stock Markets BSE lose slightly

Stock Markets have had a negative trading session on 15th May 2024 after three consecutive positive ones. Foreign investors sold off their holds in big companies and hence, indices came under selling pressure. HDFC Bank shares have also saw huge selling pressure too. International Stock Markets also did not perform as per anticipation of investors.

Major indices did not see much enthusiasm from investors. Stock Markets saw big stocks losing so much of value from the start to end. Few big stocks have recovered from these losses but most of them did not. Hence, BSE lost 117.58 points to close at 72,987.03 and Nifty lost 17.30 points to close at 22,200.55 mark.

Stock Markets NSE also lost slightly
Stock Markets NSE also lost slightly

In this session of Stock Markets, BSE Sensex started trading at 73,200.23 and then continued to trade between 73,301.47 – 72,822.66. On the other hand, Nifty Sensex started trading at 22,255.60 mark and it hit its highest for the day at 22,297.55. Nifty50 hit the lowest at 22,151.75. Indices did not crash as hugely as they did in the negative sessions but this one does give a wake up call to big companies.

Indian Rupee traded at Rs.83.46 against US Dollar on 15th May 2024. Bharti Airtel, Powergrid Corporation, NTPC, Mahindra & Mahindra, HCL Technologies have been Top Gainers in this session. Asian Paints, Tata Motors, HDFC Bank, JSW Steel, Sun Pharma ended as Top Losers in this session. Stock Markets might go through these ups and downs in coming weeks, too.

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