Sensex loses over 1,200 points; Infosys is down 7.5%
What's the story
After a four-day gap, Indian stock markets have opened deep in red with Sensex down by 2.14% to hover around 57,088, while Nifty has plunged 1.9% to 17,147.05 points. The midcap indices are trading in line with the broader market, witnessing a bearish run as the Nifty Midcap 50 has shed 118.4 points to 8,337 points. Read on for more details.
Round-up
Who are the biggest gainers and losers?
Among the top sector gainers in the stock market are NIFTY PSE, NIFTY METAL, and NIFTY FMCG, gaining 0.94%, 0.09%, and 0.02%, respectively. Furthermore, NTPC, Tata Steel, and SBI Life Insurance are the top-performing stocks, edging up 5.2%, 2.21%, and 2.36%, respectively. Infosys, Tech Mahindra, and HDFC have emerged as the most losing stocks, falling 7.5%, 5.27%, and 3.85%, respectively.
Information
Take a look at the global markets
Among the Asian markets, both Hang Seng Index and Nikkei are in the green, advancing to 21,518.08 points and 26,745.62 points, respectively. Meanwhile, in the US market, NASDAQ is in the negative, shedding 2.14% to 13,351.08 points.
Commodities
Gold prices increase by 0.71%
The Indian rupee (INR) has declined 0.24% against the US Dollar to settle at Rs. 76.36 in the forex trade. The gold and silver futures prices are trading in the green. While gold futures have gained 0.71%, to settle at Rs. 53,367, silver futures have shot up 1.26%, to Rs. 69,902. Crude oil futures have edged up by 1.96% to $107.86 per barrel.