Stock Markets continued the huge downtrend on 05th February, 2024. Traders have been circumspect and did not really took to big stocks. International Stock Markets did not really have much effect during this session. Major stocks like Reliance and Bharati Airtel faced huge selling pressure. Hence, BSE lost 354.21 points to close at 71,731.42 and Nifty lost 82.10 points to close at 21,771.70 mark.
BSE Sensex started trading above 72,00 mark at 72,269.12 and then continued to trade between 72,385.93 to 71,602.14 range. Index started off on a great high above 72,000 mark. It kept trading at the same level until towards the end, selling pressure got huge on it. Hence, BSE ended the trading session at 71,731.42 by losing 354.21 points.
Nifty Sensex started trading at 21,921.05 mark and it hit highest for the day at 21,964.30. Nifty50 hit the lowest at 21,726.95. Index looked like stabilized at 21,900 mark but then it dropped towards the end due to huge selling pressure among major stocks. Hence, Nifty50 ended by losing 82.10 points on 21,771.70.
Indian Rupee traded at Rs.83.04 against US Dollar on 05th February, 2024. Bajaj Finance, Bharati Airtel, Bajaj Finserv, Maruthi Suzuki, HCL Technology faced huge losses during the session. Tata Motors, Sun Pharma, Mahindra & Mahindra, Powergrid Corporation, Tata Steel stocks have registered gains. Experts predict Stock Markets to continue this volatility for few more sessions.
CARE Hospitals releases a video ‘Chapter of Hope’ on this World Cancer Day