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Summarize
Sensex slips to 73,511 points, Nifty settles above 22,300 mark
Among the biggest stock losers were Bajaj Auto, Power Grid Corporation, and ONGC

Sensex slips to 73,511 points, Nifty settles above 22,300 mark

May 07, 2024
03:49 pm

What's the story

On Tuesday, the benchmark Sensex and Nifty indices witnessed a slump. While the Sensex slipped by 383.69 points, or 0.52%, to 73,511.85 points, the Nifty shed 140.2 points, or 0.62%, to 22,302.5 points. The midcap stocks also showed bearish signals, with the Nifty Midcap 50 dropping 2.04% to 13,874.7 points. Read on for more details on Tuesday's market report.

Round-up

Who were the biggest gainers and losers?

The winning sectors in the stock market on Tuesday were NIFTY FMCG, NIFTY IT, and NIFTY CONSUMPTION, which rose 1.98%, 0.76%, and 0.02%, respectively. The biggest stock gainers were HUL, Tech Mahindra, and Britannia, which climbed 5.2%, 2.55%, and 2.06%, respectively. Among the biggest stock losers were Bajaj Auto, Power Grid Corporation, and ONGC, which plunged 3.98%, 3.62%, and 3.12%, respectively.

Data

Take a peek at the global markets

Asian markets witnessed mixed trading on Tuesday. While Hang Seng and Nikkei slipped to 18,479.37 points and 38,835.1 points, respectively, the Shanghai Composite Index soared 0.22% to 3,147.74 points. Meanwhile, in the US market, NASDAQ closed on a positive note, gaining 1.99% to 16,156.33 points.

Commodities

INR goes down 0.01% against the US Dollar

On Tuesday, the Indian Rupee (INR) edged 0.01% lower to ₹83.51 versus the US Dollar in the forex trade. The gold and silver futures prices finished in red. While the gold futures dropped to ₹71,095, silver futures tumbled to settle at ₹82,645. The crude oil futures were trading flat to settle at $78.46 per barrel.

Data

Fuel prices in Delhi and Mumbai

Fuel prices in Delhi remain unchanged on Tuesday, with diesel priced at ₹87.66 per liter, and petrol at ₹94.76 per liter. Meanwhile, in Mumbai, diesel costs ₹92.13 per liter, and petrol is priced at ₹104.19 per liter.

Crypto

How have the popular cryptocurrencies moved today?

Bitcoin is trading at $64,117.95 which is 1.60% down from yesterday. Ethereum is down 2.78% and is selling at $3,112.93. Tether, BNB, and Cardano are trading at $1.00 (flat), $594.44 (0.52% down), and $0.4526 (4.02% down), respectively. Down 5.26% from yesterday, Dogecoin is trading at $0.1588.