Stock Markets Update: Indices lose big this session

Stock Markets lose big gains on 10th July

Stock Markets ended this session losing huge on 10th July. Investors favoured to book profits after another huge start to trading session. Major stocks dragged back the indices after such a big start. Global cues have also been very mixed and hence, investors remained circumspect throughout the session.

Going into the details, once again investors started the session on a huge positive note. BSE started at 80,481.36 but at one moment lost close to 1000 points. Nifty50 as well lost more than 300 points during the session. IT stocks have been major drags. Hence, Big indices of Stock Markets, BSE lost 426.87 points to close at 79,924.77 and Nifty50 lost 108.75 points to close at 24,324.45 mark.

In this session of Stock Markets, BSE Sensex started trading above previous closing at 80,481.36 and then continued to trade between 80,481.36 – 79,435.76. On the other hand, Nifty Sensex started trading higher than previous closing at 24,459.85 mark and it hit its highest for the day at 24,461.05. While Nifty50 hit the lowest at 24,141.80.

Stock Markets end up losing huge on 10th July
Stock Markets end up losing huge on 10th July

Indian Rupee traded at Rs.83.50 against USD on 10th July 2024. Asian Paints, Power Grid Corporation Of India, NTPC, Hindustan Unilever and Sun Pharmaceutical Industries ended as Top Gainers in Sensex. Asian Paints, SBI Life Insurance Company, Divis Laboratories, Britannia Industries and HDFC Life Insurance Company ended as Top Gainers in Nifty50.

On the other hand in top indices of Stock Markets; Mahindra & Mahindra, Tata Steel, Tata Consultancy Services, HCL Technologies and State Bank Of India stocks ended as Top Losers in Sensex. While Mahindra & Mahindra, Tata Steel, Hindalco Industries, Tata Consultancy Services and State Bank Of India ended as Top Losers in Nifty50.

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