Sensex falls to 59,028.91 points, Nifty settles at 17,624
The stock market closed on a negative note on Wednesday, with the Sensex falling 0.28% to 59,028.91 points, while the Nifty dropped 0.18% to end at 17,624.4 points. While the broader market ended on a bearish note, the midcap indices witnessed a bullish run with the Nifty Midcap 50 rising 0.55% to 8,700.05 points. Here's all you need to know about Wednesday's market report.
Who were the biggest gainers and losers?
As far as the top performing sectors are concerned, NIFTY MEDIA, NIFTY PHARMA, and NIFTY PSE led the way, gaining 1.44%, 0.77%, and 0.74%, respectively. Furthermore, Shree Cements, UltraTech Cement, and Adani Ports emerged as the top-performing stocks, edging up 8.43%, 4.46%, and 3.04%, respectively. Tata Motors, Bajaj Auto, and IndusInd Bank emerged as the biggest losers, dropping 2.52%, 2.07%, and 1.7%, respectively.
INR goes down 0.07% against the US Dollar
On Wednesday, the Indian rupee (INR) edged 0.07% lower to Rs. 79.89 versus the US Dollar in the forex trade. Also, the gold futures witnessed little movement, settling flat at Rs. 50,347, while the silver futures jumped 0.8% to Rs. 53,570. On the other hand, the crude oil futures edged up by $0.69, or 0.79% to $87.47 per barrel.
Take a glance at the global markets
Coming to the Asian markets, the Hang Seng and Nikkei declined by 0.83% and 0.71% to 19,044.3 points and 27,430.3 points, respectively. However, the Shanghai Composite Index rose 0.09% to 3,246.29 points. In the US, NASDAQ plunged 85.95 points, or 0.74%, to 11,544.91 points.
How have the popular cryptocurrencies moved today?
The world's most popular cryptocurrency Bitcoin is currently trading at $18,800.53, a 5.68% decrease from yesterday. Meanwhile, Ethereum is down by 8.2% and is trading at $1,521.02. Tether, BNB, and Cardano are trading at $1 (flat), $264.81 (5.61% down), and $0.4622 (7.8% down), respectively. Finally, down 6.2% from yesterday, Dogecoin is now trading at $0.05926.
Fuel prices in Delhi and Mumbai remain unchanged
The fuel prices in Delhi remain unchanged on Wednesday, with diesel priced at Rs. 89.66/liter and petrol costing Rs. 96.76/liter. In Mumbai, diesel is priced at Rs. 94.25/liter while petrol costs Rs. 106.29/liter.