Sensex gains over 670 points, Nifty settles above 22,400 mark
What's the story
On Thursday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.93% to 73,663.72 points, while the Nifty climbed 0.92% to 22,403.85 points. The midcap indices showed bullish signals with the Nifty Midcap 50 rising 0.93% to 14,396.9 points. Here are more details on the market's performance on Thursday.
Market results
Who were the biggest gainers and losers?
On Thursday, NIFTY IT, NIFTY REALTY, and NIFTY MEDIA emerged as the top performing sectors, rising 1.64%, 1.61%, and 1.21%, respectively. Mahindra & Mahindra, TATA Consumer Products, and Bharti Airtel emerged as the top performing stocks, edging up 3.3%, 2.9%, and 2.66%, respectively. Meanwhile, Maruti Suzuki, BPCL, and State Bank of India lead the negative pack, plummeting 2.09%, 0.98%, and 0.89%, respectively.
Data
Take a look at the global markets
In the Asian markets, both Shanghai Composite Index and Nikkei traded in red, slipping to 3,122.4 points and 38,920.26 points, respectively. Meanwhile, the Hang Seng Index jumped 1.56% to 19,376.53 points. In the US market, NASDAQ rose 231.21 points, or 1.4%, to 16,742.39 points.
Commodities
INR witnessed no change against US dollar
The Indian rupee (INR) remained flat at ₹83.5 against the US dollar in the forex trade on Thursday. Also, the gold futures witnessed little movement, settling flat at ₹73,062, while the silver futures jumped 0.29% to ₹87,114. The crude oil futures were trading flat to settle at $78.41 per barrel.