Sensex gains 246 points, Nifty closes above 16,300 mark
The stock market closed in green on Tuesday with the Sensex gaining 246.47 points to settle at 54,767.62 and Nifty ending 62 points up at 16,340.55. The midcap indices showed positive signals with the Nifty Midcap 50 gaining 48.35 points, or 0.61%, to close at 7,891.85 points. Read on for more details on Tuesday's market report.
Among the top sector gainers in the stock market were NIFTY REALTY, NIFTY PSU BANK, and NIFTY PVT BANK, gaining 2.49%, 2.24%, and 1.16%, respectively. Meanwhile, the top stock gainers were Axis Bank, Apollo Hospital, and M&M, which climbed 2.26%, 2.09%, and 1.91%, respectively. ONGC, HDFC Life, and Nestle emerged as the biggest losers, dropping 2.77%, 1.34%, and 1.32%, respectively.
The Asian markets witnessed mixed trading. While the Hang Seng Index and the Nikkei slipped to 20,661.06 points and 26,961.68 points, respectively, the Shanghai Composite Index soared 0.04% to 3,279.43 points. In the US market, NASDAQ shed 0.81% to close at 11,360.05 points.
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 is priced at Rs. 94.25/liter while petrol costs Rs. 106.29/liter.
The Indian rupee (INR) edged up 0.05% to Rs. 79.93 versus the US Dollar in the forex trade, recovering from its record low of 80.0175 in Tuesday's early trade. On the other hand, the gold futures witnessed little movement, ending flat at Rs. 50,374, while the silver futures tumbled 0.34% to Rs. 55,900. Meanwhile, the crude oil futures ended flat at $99.2/barrel.
Bitcoin is selling at $21,917.27, up 0.25% from yesterday Ethereum is up 0.17% and is selling at $1,531.52. Tether, BNB, and Cardano are listed at $0.9999 (flat), $260.39 (0.25% up), and $0.4829 (0.04% down), respectively. Dogecoin is trading at $0.06645, up 0.14% from yesterday.