Sensex climbs 449 points, Nifty settles just above 17,450 mark
What's the story
On Wednesday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.76% to 59,411.08 points while the Nifty climbed 0.84% to 17,450.9 points. The midcap stocks showed a bullish stance as the Nifty Midcap 50 gained 1.3% to close at 8,567.7 points. Here's all you need to know about Wednesday's market report.
Round-up
Who were the biggest winners and losers?
Among the top sector gainers in the stock market were NIFTY METAL, NIFTY PSU BANK, and NIFTY MEDIA, gaining 3.81%, 2.89%, and 1.89%, respectively. The biggest stock gainers were Adani Enterprises, Hindalco, and UPL, which climbed 15.41%, 3.42%, and 2.69%, respectively. Britannia, Power Grid Corp, and Cipla emerged as the most losing stocks, falling 1.79%, 1.53%, and 0.71%, respectively.
Commodities
INR goes up by 0.2% against the US Dollar
The Indian Rupee (INR) appreciated by 0.2% to close at Rs. 82.5 against the US Dollar in the forex trade on Wednesday. Gold and silver futures traded flat. While the gold price settled at Rs. 55,753, the price of silver ended at Rs. 63,890. The crude oil futures fell by $0.81, or 1.05% to $76.81 per barrel.
Data
Take a peek at the global markets
In Asia, both Shanghai Composite Index and Nikkei slipped to 3,312.35 points and 27,516.53 points, respectively. Meanwhile, the Hang Seng Index jumped 4.04% to 20,619.71 points. In the US, NASDAQ traded in the red, plunging 11.43 points, or 0.1%, to 11,455.54 points.
Crypto
How have popular cryptocurrencies fared today?
Bitcoin is selling at $23,773.78, up 2.06% from yesterday. Ethereum is up 2.02% and is selling at $1,653.84. Tether, BNB, and Cardano are listed at $1.00 (flat), $304.25 (0.80% up), and $0.3612 (0.11% down), respectively. Dogecoin is trading 1.05% higher than yesterday at $0.08216.
Data
Fuel prices in Delhi and Mumbai remain the same
The fuel prices remain unchanged on Wednesday. In Delhi, diesel is retailing at Rs. 89.66 per liter and petrol continues to sell at Rs. 96.76 per liter. In Mumbai, diesel costs Rs. 94.25 per liter and petrol is priced at Rs. 106.29 per liter.