Sensex settles above 75,000 mark, Nifty closes at all-time high
What's the story
The stock market had a bearish opening on Wednesday, but the benchmark Sensex and Nifty indices witnessed a surge. Sensex jumped 0.47% to 75,038.15 points, while Nifty climbed 0.49% to 22,753.8 points. The broader market indices were flat, but midcap stocks showed bullish signals as the Nifty Midcap 50 soared 1.11% to 14,097.95 points. Here are more details on Wednesday's market report.
Market results
Who were the biggest winners and losers?
The winning sectors in the stock market were NIFTY MEDIA, NIFTY PSU BANK, and NIFTY PSE, which rose 1.77%, 1.5%, and 1.42%, respectively. The top stock gainers were Coal India, Bharat Petroleum Corporation Limited (BPCL), and Kotak Mahindra, which climbed 3.75%, 3.24%, and 2.55%, respectively. HDFC Life, Cipla, and Divis Labs emerged as the most losing stocks, falling 1.96%, 1.89%, and 1.73%, respectively.
Data
Take a look at the global markets
Moving on to Asian markets, the Shanghai Composite Index fell 0.7% to 3,027.33 points, while the Nikkei dropped 0.48% to 39,581.81 points. However, the Hang Seng Index climbed 1.82% to 17,139.17 points. In the US market, NASDAQ advanced 0.32% to 16,306.64 points.
Commodities
INR goes up 0.16% against the US dollar
The Indian rupee (INR) on Wednesday strengthened 0.16% to settle at ₹83.19 against the US dollar in the forex trade. Gold futures prices largely traded flat, ending at ₹71,399. However, the silver futures soared or 0.28% to ₹82,682. Crude oil futures ended flat at $85.52 per barrel.
Data
No change in fuel prices
Fuel prices remained steady on Wednesday. In Delhi, diesel is priced at ₹87.66 per liter and petrol at ₹94.76 per liter. In Mumbai, diesel and petrol cost ₹92.13 per liter and ₹104.19 per liter, respectively.
Crypto
How are popular cryptocurrencies performing?
Bitcoin is selling at $69,150.53, down 1.91% from yesterday. Ethereum is down 2.89% and is selling at $3,532.67. BNB and Cardano are listed at $589.43 (1.67% up) and $0.5805 (4.00% down), respectively. Finally, Dogecoin is trading at $0.1889, down 3.38% from yesterday.