Stock Markets Update: Indices recover from bloodbath

Stock Markets registered gains after huge crashes in previous sessions

Stock Markets recovered with gains on 19th January, 2024. Traders have invested in prime stocks after the bloodbath on 17th, 18th trading sessions. International Stock Markets have ended up with good gains. This propelled traders to invest in stocks. Hence, BSE gained 496.37 points to close at 71,683.23 and Nifty gained 160.15 points to close at 21,622.40 mark.

BSE Sensex started trading higher than previous closing at 71,786.74 mark and then continued to trade between 71,542.74 to 71,895.64 range. Index started off higher than previous closing and continued to trade in green. Towards the end, it lost to some selling pressure. Still, BSE ended the trading session at 71,683.23 by gaining 496.37 points.

Stock Markets recover after huge bloodbath in consecutive sessions
Stock Markets recover after huge bloodbath in consecutive sessions

Nifty Sensex started trading high at 21,615.20 mark and it hit highest for the day at 21,670.60. Nifty50 hit the lowest at 21,575.00. Index has hit 21,600 mark and steadily traded around the mark. While it did lose some points in towards the end, it did trade in the green. Hence, Nifty50 ended by gaining 160.15 points on 21,622.40.

Indian Rupee traded at Rs.83.06 against US Dollar on 19th January, 2024. ONGC, Bharati Airtel, NTPC, Tech Mahindra, SBI Life Insurance stocks have registered gains in the Stock Markets. IndusInd Bank, HDFC Bank, Kotak Mahindra Bank, Divi’s Labs, Adani Ports stocks have faced losses. Traders need this momentum to continue further as well.

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