Stock Markets recovered from huge losses on 21st December, 2023. After such huge losses during previous session, traders again started off with selling pressure. International Stock Markets also had mixed results and this also did not help traders to invest. But big stocks attracted some investments at lows. Hence, BSE gained 358.79 points to close at 70,865.10 and Nifty gained 104.90 points to close at 21,255.05 mark.
BSE Sensex started trading low at 69,920.89 mark and then continued to trade between 69,920.39 to 70,930.69 range. Index started with huge losses and slowly started recovering. Traders started investing in big stocks after such lows. Hence, BSE ended the trading session at 70,865.10 by gaining 358.79 points.
Nifty Sensex started trading low at 21,026.95 mark and it hit highest for the day at 21,280.95. Nifty50 hit the lowest at 21,026.95. Index has hit lows again during the first hour. But it slowly recovered and ended with gains. Hence, Nifty50 ended by gaining 104.90 points on 21,255.05.
Indian Rupee traded at Rs.83.27 against US Dollar on 21st December 2023. Powergrid Corporation, HDFC Bank, Kotak Mahindra Bank, Reliance Industries, NTPC shares of SENSEX30 have registered gains. Well, Stock Markets found good recovery from losses due to big stocks like HDFC and Reliance attracting investments. Before Christmas, traders want to see some more gains.