Stock Markets maintained gains after lows on 5th January, 2024. Traders have oscillated between selling off holds and investing in stocks. International Stock Markets did not really give them much boon to invest in the stocks. But Reliance and IT stocks have attracted big investments. Hence, BSE gained 178.58 points to close at 72,026.15 and Nifty gained 52.20 points to close at 21,710.80 mark.
BSE Sensex started trading higher than previous closing at 72,016.71 mark and then continued to trade between 71,779.83 to 72,156.48 range. Index has slipped to huge lows mid-session. In the last one hour, traders invested in several big stocks. Hence, BSE ended the trading session at 72,026.15 by gaining 178.58 points.
Nifty Sensex started trading at 21,705.75 mark and it hit highest for the day at 21,749.60. Nifty50 hit the lowest at 21,629.20. Index kept oscillating till mid-session. But it dropped huge and at the lows traders have invested in several stocks. Hence, Nifty50 ended by gaining 52.20 points on 21,710.80.
Indian Rupee traded at Rs.83.16 against US Dollar on 5th January, 2024. L&T, TCS, Infosys, HCL Technology, Hindustan Unilever stocks have registered gains in this session. Stock Markets held on to the gains even after such high selling pressure. Experts predict next week sessions will have October – December quarterly results of Big Companies. Let’s see how they will trade.