Stock Markets recorded huge gains after Friday’s losses on 29th April. Investors have been encouraged by huge positive trends worldwide. International Stock Markets have ended with huge gains and this helped indices in recovering from Friday losses. Hence, BSE gained 941.12 points to close at 74,671.28 and Nifty gained 223.45 points to close at 22,643.40 mark.
BSE Sensex started trading at 73,982.75 and then continued to trade between 73,975.99 – 74,721.15. Index started at huge highs from previous closing and kept trading in record levels. Big banking stocks have recorded huge gains and this lead index to grow by 1%. Hence, BSE ended the trading session at 74,671.28 by gaining 941.12 points.
Nifty Sensex started trading at 22,316.90 mark and it hit its highest for the day at 22,625.95. Nifty50 hit the lowest at 22,645.40. Index started above the previous closing and kept trading at record levels. It crossed 22,600 mark and closed even higher. Nifty50 ended the session by gaining 223.45 points on 22,643.40.
Indian Rupee traded at Rs.83.48 against US Dollar on 29th April 2024. ICICI Bank, SBI, Ultratech cement, Axis Bank ended have ended with huge gains among all and became Top Gainers. HCL technologies, Apollo hospitals enterprise, Bajaj Auto, HDFC life insurance company, Ltimindtree hares have ended as Top Losers. Experts predict these gains to be short-lived.