Sensex plummets over 1,000 points, Nifty barely holds 16,200 points
The stock market ended on a bearish trend on Friday with the Sensex crashing to 54,303.44 points and the Nifty plummeting to 16,201.8 points. The midcap indices were also in a bearish mode as the Nifty Midcap 50 plunged 54.05 points, or 0.71%, to 7,585.65 points. Read on for more details on Friday's market report.
The biggest stock gainers on Friday were Grasim, Apollo Hospital, and Asian Paints, which climbed 1.29%, 1%, and 0.69%, respectively. Coming to the major losing sectors, NIFTY FIN SERVICE, NIFTY IT, and NIFTY SERV SECTOR emerged as the biggest losers, plunging 2.29%, 2.22%, and 2.16%, respectively. Kotak Mahindra, Bajaj Finance, and HDFC lead the negative pack, plummeting 4.03%, 3.94%, and 3.77%, respectively
The Indian rupee (INR) depreciated by 0.09% to end at Rs. 77.83 against the US Dollar in the forex trade on Friday. The gold and silver futures prices finished in red. While the gold futures dropped to Rs. 50,818, silver futures tumbled to settle at Rs. 60,900. Meanwhile, the crude oil futures ended flat at $121.98/barrel.
Moving on to the Asian markets, the Hang Seng Index rose 0.29% to 21,806.18 points and the Nikkei index too edged up 1.49% to 27,824.29 points on Friday. In the US, NASDAQ witnessed a decline, edging 2.75% lower to 11,754.23 points.
Bitcoin is currently trading at $29,894.82, a 2.10% decrease from yesterday. Ethereum is down 2.74% to currently trade at $1,769.42, Tether, BNB, and Cardano are listed at $0.9993 (0.01% down), $286.92 (1.65% down), and $0.6074 (6.76% down), respectively. Dogecoin is trading 2.80% lower than yesterday at $0.07847.
The fuel prices in Delhi remain unchanged on Friday, 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.
