Sensex slips to 55,766 points, Nifty settles at 16,631
On Monday, the benchmark Sensex and Nifty indices witnessed a fall, marking the end of a six-day winning streak. The Sensex plunged 0.55% to 55,766.22 points, while the Nifty fell 0.53% to 16,631 points. Meanwhile, the midcap stocks traded near the flat line with the Nifty Midcap 50 closing at 8,039.4. Read on for more details on Monday's market report.
Among the top sector gainers in the stock market were NIFTY METAL, NIFTY IT, and NIFTY PSE, gaining 1.44%, 0.17%, and 0.16%, respectively. Meanwhile, Tata Steel, Indus Ind Bank, and Coal India emerged as the biggest stock gainers, adding 2.77%, 1.87%, and 1.75%, respectively. M&M, Reliance, and Maruti Suzuki emerged as the most losing stocks, falling 4.03%, 3.45%, and 2.51%, respectively.
The Indian rupee (INR) appreciated by 0.17% to close at Rs. 79.72 against the US Dollar in the forex trade on Monday. Meanwhile, not much movement was witnessed in gold and silver futures prices as they were trading flat. While the gold price settled at Rs. 50,760, the price for silver ended at Rs. 55,157. Crude oil futures ended flat at $96.22 per barrel.
Coming to the Asian markets, the Hang Seng on Monday slipped 46.2 points, or 0.22%, to 20,562.94 points while the Nikkei rose 215.41 points, or 0.77%, to 27,699.25 points. In the US market, NASDAQ witnessed a fall, dropping 225.5 points, or 1.87%, to 11,834.11 points.
The world's most popular cryptocurrency Bitcoin is currently trading at $22,016.94, a 0.18% decrease compared to yesterday. Meanwhile, Ethereum is down by 0.20% and is currently trading at $1,534.69. Tether, BNB, and Cardano are priced at $1.00 (flat), $256.28 (0.30% down), and $0.4942 (0.60% down), respectively. Finally, Dogecoin is down 0.38% compared to yesterday and is trading at $0.06524.
The fuel prices in Delhi remain unchanged on Monday, with diesel priced at Rs. 89.66/liter and petrol costing Rs. 96.76/liter. In Mumbai, diesel is priced at Rs. 94.25/liter while petrol costs Rs. 106.29/liter.