Sensex climbs 234 points, Nifty settles above 18,300 mark
What's the story
On Monday, the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.38% to 61,963.68 points while the Nifty climbed 0.61% to 18,314.4 points.
While the broader market traded near the flat line, the midcap indices witnessed a bullish run with the Nifty Midcap 50 rising 0.65% to 9,235.9 points.
Here are more details on the market's performance on Monday.
Results
Who were the biggest gainers and losers?
The winning sectors in the stock market on Monday were NIFTY METAL, NIFTY IT, and NIFTY PHARMA, which rose 3.1%, 2.43%, and 0.98%, respectively.
On the other hand, the top-gaining stocks were Adani Enterprises, Adani Ports, and Divis Labs, adding 19.58%, 6.38%, and 4.99%, respectively.
Hero MotoCorp, Axis Bank, and Eicher Motors lead the negative pack, plummeting 0.84%, 0.79%, and 0.75%, respectively.
Data
Take a sneak peek at the global markets
Moving on to Asian markets, the Shanghai Composite Index plummeted 0.39% to 3,296.47 points, while the Nikkei too plunged 0.9% to 31,086.82 points. However, the Hang Seng Index climbed 1.16% to 19,678.17 points. In the US market, NASDAQ shed 0.24%, to 12,657.9 points.
Scenario
INR goes down 0.18% against the US Dollar
On Monday, the Indian Rupee (INR) declined 0.18% against the US Dollar to end at Rs. 82.82 in the forex trade.
Meanwhile, the gold and silver futures prices traded flat. While the gold price settled at Rs. 60,367, the cost of silver ended at Rs. 73,173.
Coming to the crude oil futures, the prices soared 0.34% to settle at $71.83 per barrel.
Data
Fuel prices remained unchanged on Monday
The cost of fuel witnessed no change 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.
Crypto
How have the popular cryptocurrencies fared?
Bitcoin is trading at $26,873.36 which is 0.81% down from yesterday. Ethereum is currently trading at $1,819.56, up 0.12%.
Tether, BNB, and Cardano are listed at $1.00 (0.03% down), $308.76 (0.74% down), and $0.3699 (1.33% up), respectively.
Lastly, down 1.88% from yesterday, Dogecoin is currently trading at $0.07234.