Stock Markets Update: Indices recovered after Wednesday losses

Stock Markets recovered from Wednesday losses

Stock Markets recovered with last hour investments on 22nd February 2024 after Wednesday losses. Traders did not show much interest in investing and indices kept trading flat. International Stock Markets also did not add any momentum. Towards the end though, big stocks attracted investments. Hence, BSE gained 535.15 points to close at 73,158.24 and Nifty gained 162.40 points to close at 22,217.45 mark.

BSE Sensex started trading at 72,677.51 and then continued to trade between 72,081.36 – 73,256.39. Index started on a flat note and continued to trade in losses till the last hours. As big stocks like Reliance, ITC, TCS have attracted huge investments and index recovered more than 1100 points. Hence, BSE ended the trading session at 73,158.24 by gaining 535.15 points.

Stock Markets BSE recovered a huge 1100 points in one session
Stock Markets BSE recovered a huge 1100 points in one session

Nifty Sensex started trading at 22,081.55 mark and it hit its highest for the day at 22,252.50. Nifty50 hit the lowest at 21,875.25. Index kept trading flat falling under the 22,000 mark as well. Big stocks at the lowest attracted investments rally and that lead to good recovery. Hence, Nifty50 ended by gaining 162.40 points on 22,217.45.

Indian Rupee traded at Rs.82.84 against US Dollar on 22nd February, 2024, as well. HCL Tech, ITC, M&M, TCS, Tech Mahindra, L&T, Maruthi Suzuki, Wipro, Axis Bank, Tata Steel, Infosys, Tata Motors stocks have become top gainers. IndusInd Bank, HDFC Bank, Kotak Mahindra Bank, SBI, Hindustan Unilever, Bharathi Airtel, JSW Steel, Ultratech Cement have ended up as top losers.

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