Sensex gains over 425 points, Nifty reaches near 16,500 mark
The benchmark Sensex and Nifty indices on Thursday showed an upward trend, snapping the four-day losing streak. The Sensex rose 0.77% to 55,320.28 points while the Nifty gained 0.74% to end at 16,478.1 points. The midcap witnessed an upward trend with the Nifty Midcap 50 rising 0.46% to 7,639.7 points. Read on for more details on Thursday's market report.
As far as the top sector gainers are concerned, NIFTY PHARMA, NIFTY ENERGY, and NIFTY INFRA topped the list, edging up 1.19%, 1.18% and 1.01%, respectively. Meanwhile, Dr Reddys Labs, BPCL, and Reliance emerged as the biggest stock gainers, adding 3.07%, 2.81%, and 2.64%, respectively. Tata Steel, Shree Cements, and Grasim lead the negative pack, plummeting 3.95%, 2.01%, and 1.56%, respectively.
The Indian rupee (INR) on Thursday weakened against the US Dollar, plunging 0.06% to settle at Rs. 77.78. The gold futures largely traded flat, settling at Rs. 50,958, whereas the silver futures dropped 0.3% to Rs. 61,841. On the other hand, the crude oil futures slipped 0.76% to $121.52 per barrel.
The Asian markets witnessed a poor run on Thursday. While the Shanghai Composite Index slipped to 3,238.95 points, Hang Seng Index plunged to 21,869.05 points, and Nikkei dropped to 28,246.53 points. In the US, NASDAQ plunged 88.96 points, or 0.73%, to 12,086.27 points.
Bitcoin is trading at $30,537.27, which is 0.22% up from yesterday. Ethereum is up 0.65% and is listed at $1,816.77. Tether, BNB, and Cardano are trading at $0.9993 (0.02% down), $291.65 (0.25% down), and $0.6521 (2.12% up), respectively. Dogecoin is trading 0.56% higher than yesterday at $0.08073.
The fuel prices in Delhi remain unchanged on Thursday, with diesel priced at Rs. 89.66/liter and petrol costing Rs. 96.76/liter. Meanwhile, in Mumbai, diesel costs Rs. 97.26/liter and petrol is priced at Rs. 111.33/liter.
