Stock Markets did not showcase any signs of low trends like previous sessions on 14th May. Investors have shown interest in investing in Automobile, Metal, Banking shares and that lead to positive feedback. International Stock Markets did not have any kind of influence on today’s trading trends. Even Retail Inflation decreasing has helped in a positive closing.
Both the indices have seen big stocks performing better in this session. Majorly, Reliance Industries has attracted huge amount of investments as well. During this session, BSE has gained over 400 points in intraday trading and registered gains. Hence, BSE gained 328.48 points to close at 73,104.61 and Nifty gained 113.80 points to close at 22,217.85 mark.
BSE Sensex started trading at 72,696.72 and then continued to trade between 72,683.99 – 73,286.26. On the other hand, Nifty Sensex started trading at 22,112.90 mark and it hit its highest for the day at 22,270.05. Nifty50 hit the lowest at 22,081.25. Home Minister Amit Shah has predicted that 4th June results will showcase never seen high trends in Stock Markets. NSE saw all indices performing better than previous sessions as well.
Indian Rupee traded at Rs.83.48 against US Dollar on 14th May 2024. Mahindra & Mahindra, L & T, JSW Steel, NTPC. IndusInd Bank shares have ended being Top Gainers in this session. TCS, Nestle India, Axis Bank, ICICI Bank, Bajaj Finance shares have ended being Top Losers. After big crashes, Stock Markets have seen 3 consecutive positive sessions.
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