Sensex climbs to 78,674 points, Nifty settles near 23,870 mark
What's the story
On Wednesday, the stock market had a bearish opening but the Sensex and Nifty indices witnessed a surge.
The Sensex jumped 0.8% to 78,674.25 points while the Nifty climbed 0.62% to 23,868.8 points.
The midcap indices were trading in the red as the Nifty Midcap 50 plunged 64.4 points, or 0.41%, to 15,595.45 points.
Here's all you need to know about Wednesday's market report.
Round-up
Who were the biggest gainers and losers?
The winning sectors in the stock market were NIFTY MEDIA, NIFTY ENERGY, and NIFTY INFRA, which rose 1.58%, 1.39%, and 1.32%, respectively.
The top-gaining stocks were Reliance, Bharti Airtel, and UltraTech Cement, adding 3.88%, 3.33%, and 2.84%, respectively.
As far as the top stock losers are concerned, Apollo Hospital, M&M, and Bajaj Auto lead the negative pack, plummeting 2.52%, 1.81%, and 1.76%, respectively.
Data
Take a look at the global markets
Moving on to Asian markets, the Shanghai Composite Index plummeted 0.76% to 2,972.53 points, while the Nikkei plunged 1.25% to 39,667.07 points. However, Hang Seng climbed 0.09% to 18,089.93 points. In the US market, NASDAQ witnessed a surge, edging 1.26% higher to 17,717.65 points.
Commodities
Forex report and gold, silver, crude oil futures
On Wednesday, the Indian Rupee (INR) edged 0.16% lower to ₹83.57 versus the US Dollar in the forex trade.
On the other hand, the gold future prices were flat at ₹71,449, while the silver prices climbed 0.27% to ₹87,173.
The crude oil futures edged up by $0.59, or 0.72% to $81.61 per barrel.
Data
Fuel prices in Delhi and Mumbai
Fuel prices in Delhi remain unchanged on Wednesday, with diesel priced at ₹87.66 per liter, and petrol at ₹94.76 per liter. Meanwhile, in Mumbai, diesel costs ₹92.13 per liter, and petrol is priced at ₹104.19 per liter.