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    Home / News / Business News / Sensex slips to 73,511 points, Nifty settles above 22,300 mark
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    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

    By Dwaipayan Roy
    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.

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