Stock Markets recovered huge on 9th August after previous session’s huge crash. International Markets, especially, US Nasdaq and DOW Jones performed expectionally. This boosted investors’ enthusiasm to buy big company stocks in markets. Through the session, all the indices traded in green and earned profits.
Going into the details, Both the indices started with huge gains in the morning from previous closing. With nominal dip during intraday of the session, all indices ended in great profits. BSE capital valuation raised by Rs.4 Lakh crores in this session. Hence, Big indices of Stock Markets, BSE gained 819.69 points to close at 79,705.91 and Nifty50 gained 250.50 points to close at 24,367.50 mark.
In this session of Stock Markets, BSE Sensex started trading above the previous closing at 79,984.24 and then continued to trade between 79,984.24 – 79,549.09. On the other hand, Nifty Sensex started trading above the previous closing too, at 24,386.85 mark and it hit its highest for the day at 24,419.75. While Nifty50 hit the lowest at 24,311.20.
Indian Rupee traded at Rs.83.95 against USD on 09th August 2024. Tech Mahindra, Tata Motors, Mahindra & Mahindra, HCL Technologies, State Bank Of India ended as Top Gainers in Sensex. Eicher Motors, Oil & Natural Gas Corporation, Shriram Finance, Tech Mahindra, Tata Motors ended as Top Gainers in Nifty50.
On the other hand in top indices of Stock Markets; Kotak Mahindra Bank, Sun Pharmaceutical Industries stocks ended as Top Losers in Sensex. While Bharat Petroleum Corporation, HDFC Life Insurance Company, Kotak Mahindra Bank, Sun Pharmaceutical Industries, Divis Laboratories ended as Top Losers in Nifty50.
