Stock Markets Update: Indices maintained gains!

Stock Markets maintain their gains on 10th January

Stock Markets maintained gains for third consecutive session on 10th January, 2024. Traders have invested in different big company stocks during this session. Even though International Stock Markets ended up with losses traders decided to invest in Indian stocks. Hence, BSE gained 271.50 points to close at 71,657.71 and Nifty gained 73.85 points to close at 21,618.70 mark.

BSE Sensex started trading higher than previous closing at 71,383.20 mark and then continued to trade between 71,110.98 to 71,733.84 range. Index did not cross 72,000 mark during this session but it maintained gains. During the last hour traders invested more in big stocks. Hence, BSE ended the trading session at 71,657.71 by gaining 271.50 points.

Stock Markets in the last hour saw investors rally to maximize gains
Stock Markets in the last hour saw investors rally to maximize gains

Nifty Sensex started trading at 21,529.30 mark and it hit highest for the day at 21,641.85. Nifty50 hit the lowest at 21,448.65. Index kept trading flat around 21,500 to 21,600 mark. During the last hour, this index also gained heavily. Hence, Nifty50 ended by gaining 73.85 points on 21,618.70.

Indian Rupee traded at Rs.83.01 against US Dollar on 10th January, 2024. Cipla, Reliance Industries, Adani Enterprises, HCL Technologies, Adani Ports stocks have registered gains in the indices. Experts are watching closely at the Quarterly results of several companies. Once they are released they predict Stock Markets to have big oscillations. Let’s wait and watch.

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