Sensex gains nearly 600 points, Nifty settles above 19,400 mark
What's the story
On Monday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.
The Sensex jumped 0.92% to 64,958.69 points while the Nifty climbed 0.94% to 19,411.80 points.
The midcap stocks showed a bullish stance as the Nifty Midcap 50 gained 0.61% to close at 11,380.85 points.
Here are more details on the market's performance on Monday.
Results
Who were the biggest winners and losers?
As far as the top sector gainers are concerned, NIFTY COMMODITIES, NIFTY METAL, and NIFTY ENERGY topped the list, edging up 1.43%, 1.34%, and 1.32%, respectively.
Meanwhile, the top stock gainers were Divis Labs, Hero MotoCorp, and Eicher Motors, which climbed 5.35%, 2.52%, and 2.39%, respectively.
Among the biggest stock losers were SBI, HUL, and Tata Motors, which plunged 0.71%, 0.41%, and 0.24%, respectively.
Data
Take a peek at the global markets
In the Asian markets, the Shanghai Composite Index plummeted 0.9% to 3,058.41 points, while the Nikkei too plunged 2.32% to 32,708.48 points. However, the Hang Seng Index climbed 1.68% to 17,966.59 points. In the US market, NASDAQ surged 184.09 points, or 1.38%, to 13,478.28 points.
Scenario
INR goes up 0.08% against the US Dollar
On Monday, the Indian Rupee (INR) edged up 0.08% to Rs. 83.22 versus the US Dollar in the forex trade.
The gold and silver futures prices witnessed little movement, largely trading flat. While the gold futures settled at Rs. 60,884, the silver futures closed at Rs. 72,225.
Coming to the crude oil futures, the prices soared 1.91% to settle at $82 per barrel.
Data
No change in fuel prices
The cost of fuel remained unchanged on Monday. In Delhi, diesel and petrol are retailing at Rs. 89.66/liter and Rs. 96.76/liter, respectively. In Mumbai, diesel continues to sell at Rs. 94.25/liter and petrol at Rs. 106.29/liter.
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