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Home / News / Business News / Sensex tanks 1,045 points, Nifty settles below 15,400 points
Business

Sensex tanks 1,045 points, Nifty settles below 15,400 points

Sensex tanks 1,045 points, Nifty settles below 15,400 points
Written by Athik Saleh
Jun 16, 2022, 03:55 pm 2 min read
Sensex tanks 1,045 points, Nifty settles below 15,400 points
Nifty Midcap 50 shed 180.5 points to close at 7,196.15 points (Photo credit: Moneycontrol)

The stock market on Thursday continued the losing streak for the fifth day in a row as the Sensex slid 1,045.6 points to 51,495.79 points while the Nifty shed 331.55 points to 15,360.6 points. The midcap indices traded in line with the broader market, as the Nifty shed 180.5 points to 7,196.15 points. Here are more details on the markets' performance on Thursday.

Round-up
Who were the biggest winners and losers?

The top gaining stocks were Nestle, Britannia, and HUL, adding 0.43%, 0.15% and 0.01%, respectively. As far as the biggest sector losers are concerned, NIFTY METAL, NIFTY COMMODITIES, and NIFTY PSE emerged as the top losing sectors, falling 5.53%, 3.56%, and 3.46%, respectively. Tata Steel, Hindalco, and Coal India emerged as the most losing stocks, falling 6.03%, 5.99%, and 5.34%, respectively.

Information
Crude oil prices decline by 1.67%

The gold futures prices surged by 0.39% to Rs. 50,635, while the silver futures settled flat at Rs. 60,814. Meanwhile, the crude oil future prices declined by $1.96, or 1.67% to $115.23/barrel.

Global market
Take a peek at the global markets

As far as Asian markets are concerned, the Shanghai Composite Index plunged 0.61% to 3,285.38 points while the Hang Seng Index declined 2.17% to 20,845.43 points on Thursday. The Nikkei index, however, witnessed a rise of 0.4%, closing at 26,431.2 points. In the US market, NASDAQ traded in the green, advancing 270.8 points, or 2.5%, to 11,099.15 points.

Information
Fuel prices in Delhi and Mumbai remain unchanged

The fuel prices in Delhi remain unchanged on Wednesday, 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.

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Athik Saleh
Athik Saleh
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Athik Saleh covers auto and tech news at NewsBytes. He had started as an SEO content writer at NewsBytes and has since been elevated after exhibiting his automotive acumen. He has previously worked as a columnist at Law Insider India. He has a Bachelor's degree in Law from the National Law Institute University, Bhopal.
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