Sensex closes at 51,598 points, Nifty settles at 15,350
On Monday, the Indian equity benchmarks settled higher in volatile trade, with the Sensex settling at 51,598 points and Nifty ending at 15,350. While the broader market traded near the flat line, the midcap stocks showed bearish signals as the Nifty Midcap 50 plunged 125.8 points, or 1.79%, to 7,032.3. Here are more details on the markets' performance on Monday.
Among the top sector gainers in the stock market were NIFTY FMCG, NIFTY FINANCIAL SERVICE, and NIFTY CONSUMPTION, gaining 1.76%, 0.95%, and 0.89%, respectively. Furthermore, HDFC, HUL, and UltraTech Cement emerged as the top-performing stocks, edging up 4.13%, 4%, and 3.14%, respectively. Among the biggest stock losers were ONGC, Tata Steel, and UPL, which plunged 4.7%, 4.59%, and 3.35%, respectively.
On Monday, the Indian rupee (INR) edged up 0.12% to Rs. 77.98 versus the US Dollar in the forex trade. The gold and silver futures prices closed on a flat note, with the former settling at Rs. 50,858, and the latter at Rs. 60,901. Meanwhile, the crude oil future prices surged by $1.15, or 1.07% to $108.53 per barrel.
Moving on to Asian markets, the Shanghai Composite Index plummeted 0.04% to 3,315.43 points, while Nikkei plunged 0.74% to 25,771.22. However, the Hang Seng climbed 0.42% to 21,163.91 points. Meanwhile, in the US market, NASDAQ closed on a positive note, gaining 1.43% to 10,798.35 points.
The world's most popular cryptocurrency Bitcoin is trading at $20,623.49 which is up 8.56% as compared to yesterday. Meanwhile, Ethereum is up by 13.10% and is trading at $1,121.78. Tether, BNB, and Cardano are listed at $0.9987 (0.02% up), $211.85 (6.43% up), and $0.4865 (6.74% up), respectively. Finally, Dogecoin is up 5.23% from yesterday and is trading at $0.05986.
The fuel prices in Delhi remain unchanged on Monday, 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.