Sensex climbs to 60,612 points, Nifty crosses 18,000 mark
What's the story
The Indian equity benchmarks extended their gains for the second straight session on Monday as the Sensex rose 2.25% to 60,612 points while the Nifty climbed 2.17% to 18,053. Following the broader market trend, the midcap stocks also ended on a higher note, with the Nifty Midcap 50 rising 1.37% to 8,424.5 points. Read on for more details on Monday's market report.
Round-up
Who were the biggest gainers and losers on Monday?
As far as the top sector gainers are concerned, NIFTY FINANCIAL SERVICE, NIFTY BANK, and NIFTY PVT BANK topped the list, edging up 4.67%, 4%, and 3.78%, respectively. The top gaining stocks were HDFC Bank, HDFC, and Adani Ports, adding 9.83%, 9.12%, and 4.18%, respectively. Infosys, Titan Company, and TATA Consumer Products lead the negative pack, plummeting 1.24%, 0.31%, and 0.28%, respectively.
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Take a look at the Asian markets
As far as the Asian markets are concerned, the Hang Seng Index declined 2.1% to 22,502.31 points, while the Nikkei index increased by 0.25% to settle at 27,736.47 points on Monday.
Commodities
INR rose by 0.3% against the US Dollar
The Indian rupee (INR) on Monday strengthened 0.3% to settle at Rs. 75.56 against the US Dollar in the forex trade. The gold and silver futures prices witnessed little movement, largely trading flat. While the gold futures settled at Rs. 51,227, the silver futures closed at Rs. 66,757. Meanwhile, the crude oil futures slipped 1.15% to $98.89 per barrel.
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Fuel prices go up in Delhi and Mumbai
Fuel prices witnessed a hike in Delhi. The diesel price rose to Rs. 95.11/liter and the petrol rate soared to Rs. 103.85/liter. Meanwhile, in Mumbai, the diesel rate climbed by Rs. 0.43 to Rs. 103.05/liter and petrol saw a Rs. 0.42 increase to Rs. 118.81/liter.