Stock Markets Update: Indices recover well from bloodbath

Stock Markets recovered after a bloodbath

Stock Markets recovered from the previous session’s crash on 24th January, 2024. Traders have started investing in big stocks at the lifetime lows. Reliance Industries and HDFC Bank shares have attracted major investments at the huge lows. Hence, BSE gained 689.77 points to close at 71,060.31 and Nifty gained 215.15 points to close at 21,453.95 mark.

BSE Sensex started trading at 70,165.49 mark and then continued to trade between 70,001.60 to 71,149.61 range. Index started off at a low and suffocated to drop upto 70,000 mark. As Traders started investing in big stocks, it recover more than 1100 points during the session. Hence, BSE ended the trading session at 71,060.31 by gaining 689.77 points.

Stock Markets recover with the surge in investments at lows in big stocks
Stock Markets recover with the surge in investments at lows in big stocks

Nifty Sensex started trading at 21,185.25 mark and it hit highest for the day at 21,482.35. Nifty50 hit the lowest at 21,137.20. Index started again at a huge low. Big Stocks slowly saw surge in investments and that helped the index in green all-through. Hence, Nifty50 ended by gaining 215.15 points on 21,453.95.

Indian Rupee traded at Rs.83.09 against US Dollar on 24th January, 2024. Tata Steel, HCL Technology, IndusInd Bank, Powergrid Corporation, Tech Mahindra stocks have been more profitable. ICICI Bank, Axis Bank, Asian Paints, TCS shares ended up as losers. Stock Markets could look at next session as well going through positive gains.

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