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    Home / News / Business News / Sensex gains 260 points, Nifty settles above 22,050 mark
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    Sensex gains 260 points, Nifty settles above 22,050 mark
    INR also edged up 0.04% against the US dollar

    Sensex gains 260 points, Nifty settles above 22,050 mark

    By Akash Pandey
    May 10, 2024
    04:00 pm

    What's the story

    On Friday, the benchmark Sensex and Nifty indices saw some gains after trading in the red for several sessions.

    While the Sensex rose 0.36% to 72,664.47 points, the Nifty jumped 0.44% to 22,055.2 points.

    The midcap indices showed bullish signals with the Nifty Midcap 50 rising 1.11% to 13,909.9 points.

    Here are more details on the market's performance on Friday.

    Market result

    Who were the biggest gainers and losers?

    As far as the top-performing sectors of the market are concerned, NIFTY ENERGY, NIFTY METAL, and NIFTY PSE led the way, gaining 1.62%, 1.52%, and 1.46%, respectively.

    The top-gaining stocks were BPCL, NTPC, and Power Grid Corporation of India, adding 4.37%, 2.6%, and 2.45%, respectively.

    Cipla, TCS, and Kotak Mahindra emerged as the most losing stocks, falling 1.68%, 1.68%, and 1.16%, respectively.

    Data

    Take a peek at the global markets

    Coming to the Asian markets, both Shanghai Composite Index and Nikkei traded in red, slipping to 3,154.55 points and 38,229.11 points, respectively. Meanwhile, the Hang Seng Index jumped 2.25% to 18,963.68 points. In the US market, NASDAQ edged 0.27% higher to 16,346.26 points.

    Commodities

    INR goes up 0.04% against US dollar

    On Friday, the Indian rupee (INR) gained 0.04% to ₹83.49 versus the US dollar in the forex trade.

    The prices of both gold and silver futures witnessed a surge. While the former soared 1.5% to ₹72,712, the latter jumped 1.34% to ₹85,630.

    Coming to the crude oil futures, the prices increased 0.92% to settle at $79.85 per barrel.

    Data

    Fuel prices in Delhi and Mumbai

    Fuel prices remained unchanged on Firday. In Delhi, diesel costs ₹87.66 per liter and petrol is priced at ₹94.76 per liter. Meanwhile, in Mumbai, diesel and petrol are selling at ₹92.13 per liter and ₹104.19 per liter, respectively.

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