Sensex climbs over 390 points, Nifty settles above 19,800 mark
What's the story
On Wednesday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.
The Sensex jumped 0.60% to 66,473.05 points while the Nifty climbed 0.62% to 19,811.35 points.
Midcap indices also edged up with the Nifty Midcap 50 gaining 36.3 points, or 0.31%, to end at 11,604.75 points.
Here are more details on the markets' performance on Wednesday.
Round-up
Who were the biggest gainers and losers on Wednesday?
On Wednesday, NIFTY COMMODITIES, NIFTY INFRA, and NIFTY AUTO emerged as the top-performing sectors, rising 1.08%, 0.91% and 0.9%, respectively.
Furthermore, Hero MotoCorp, Wipro, and Grasim emerged as the top-performing stocks, edging up 4.14%, 3.26%, and 3.23%, respectively.
As far as the top stock losers are concerned, HCL Tech, Adani Ports, and Coal India lead the negative pack, plummeting 1.32%, 0.68% and 0.63%, respectively.
Data
Take a peek at the global markets
The Asian markets on Wednesday ended in the green. The Shanghai Composite Index and the Nikkei climbed 0.12% and 0.59% to settle at 3,078.96 points and 31,936.51 points, respectively. Meanwhile, in the US, NASDAQ closed on a positive note, gaining 0.58% to 13,562.84 points.
Commodities
INR gains 0.1% against the US Dollar
The Indian Rupee (INR) climbed 0.1% to end at Rs. 83.18 against the US Dollar in the forex trade on Wednesday.
Both gold and silver futures witnessed a rise. The price of gold futures rose 0.45% to Rs. 57,890, while that of silver futures climbed 1% to Rs. 69,604.
The crude oil futures fell by $0.54, or 0.63% to $85.55 per barrel.
Data
Fuel prices in Delhi and Mumbai remain unaltered
Fuel prices in Delhi remain unaltered on Wednesday, with diesel priced at Rs. 89.66/liter, and petrol at Rs. 96.76/liter. Meanwhile, in Mumbai, diesel costs Rs. 94.25 per liter, and petrol is priced at Rs. 106.29 per liter.
Crypto
How have the popular cryptocurrencies moved today?
Bitcoin is currently trading at $27,265.76, which is a 1.44% decrease in the past 24 hours.
Ethereum, the second most popular token, is trading at $1,575.41, down by 0.88% from yesterday.
BNB and Cardano are priced at $207.69 (1.24% down) and $0.2481 (1.62% down), respectively.
Down by 0.07% from yesterday, Dogecoin is trading at $0.05902.