Sensex climbs to 65,614 points, Nifty settles above 19,670 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 1.04% to 65,614.95 points while the Nifty climbed 1.18% to 19,675.45 points. The midcap indices reflected the broader market trend, as the Nifty Midcap 50 gained 0.86% to close at 11,774.95 points. Read on for more details on Wednesday's market report.
Round-up
Who were the biggest gainers and losers?
On Wednesday, NIFTY REALTY, NIFTY IT, and NIFTY AUTO emerged as the top-performing sectors, rising 2.87%, 2.52%, and 1.7%, respectively. Furthermore, Eicher Motors, Tech Mahindra, and Hindalco emerged as the top-performing stocks, edging up 5.39%, 3.82%, and 3.81%, respectively. Among the biggest stock losers were Bajaj Finance, Power Grid Corporation, and IndusInd Bank, which plunged 1.77%, 1.08% and 0.87%, respectively.
Data
Take a look at the global markets
Coming to the Asian markets, both Shanghai Composite Index and Nikkei traded in red, slipping to 3,072.83 points and 33,519.7 points, respectively. Meanwhile, the Hang Seng Index jumped 3.77% to 18,079 points. In the US, NASDAQ ended in the green, rising 2.54% to 14,117.62 points.
Commodities
INR goes up 0.24% against the US Dollar
The Indian Rupee (INR) appreciated by 0.24% to close at Rs. 83.14 against the US Dollar in the forex trade on Wednesday. While the gold futures gained Rs. 297, or 0.49%, to settle at Rs. 60,362, silver futures shot up by Rs. 630, or 0.88%, to Rs. 72,223. The crude oil future prices declined by $0.37, or 0.48% to $77.9 per barrel.
Data
Fuel prices in Delhi and Mumbai
Fuel prices in Delhi remained unchanged on Wednesday with diesel priced at Rs. 89.66/liter, and petrol at Rs. 96.76 per liter. Meanwhile, in Mumbai, diesel costs Rs. 94.25 per liter, and petrol is priced at Rs. 106.29 per liter.
Crypto
How have the popular cryptocurrencies fared today?
Bitcoin is trading at $35,793.70 which is 1.94% down from yesterday. Ethereum is down 3.00% and is trading at $1,987. BNB and Cardano are trading at $245.21 (0.13% down) and $0.3635 (0.18% down), respectively. Dogecoin is trading 1.49% lower than yesterday at $0.07367.