Sensex closes at 58,338.93 points, Nifty settles below 17,500 points
What's the story
On Wednesday, major indices of the stock market ended flat with the Sensex settling at 58,338.93 points and the Nifty closing at 17,475.65 points. Mimicking the broader market trend, the midcap indices also ended flat with the Nifty Midcap 50 closing at 8,455.4 points. Here's all you need to know about Wednesday's market report.
Round-up
Who were the biggest gainers and losers on Wednesday?
Among the top sector gainers in the stock market were Nifty FMCG, NIFTY COMMODITIES, and NIFTY METAL, gaining 0.68%, 0.6%, and 0.57%, respectively. On the other hand, the top gaining stocks were ONGC, Apollo Hospital, and ITC, adding 3.17%, 2.55%, and 1.79%, respectively. HDFC, Maruti Suzuki, and HDFC Bank emerged as the most losing stocks, falling 1.95%, 1.95%, and 1.91%, respectively.
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Take a look at the global markets
Meanwhile, the Asian markets witnessed mixed trading on Wednesday. While the Hang Seng Index and the Nikkei slipped to 21,374.37 points and 26,843.49 points, respectively, the Shanghai Composite Index soared 0.82% to 3,186.82 points. NASDAQ witnessed a decline, edging 0.3% lower to 13,371.57 points.
Commodities
Gold prices increased by 0.4%
Also, the Indian rupee (INR) on Wednesday weakened against the US Dollar, plunging 0.06% to settle at Rs. 76.18. Meanwhile, both gold and silver futures witnessed a rise. The price of gold futures rose 0.4% to Rs. 53,088, while that of silver futures climbed 0.76% to Rs. 69,310. On the other hand, the crude oil futures edged up by 0.59% to $100.93 per barrel.
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Fuel prices in Delhi and Mumbai remain the same
Fuel prices in Delhi remain the same on Wednesday with the diesel at Rs. 96.71/liter and petrol at Rs. 105.45/liter. Meanwhile, fuel prices in Mumbai remained unchanged on Wednesday with diesel costing Rs. 104.75/liter and petrol priced at Rs. 120.5/liter.