Sensex falls over 600 points, Nifty settles below 22,500 mark
What's the story
On Thursday, the stock market witnessed a downward trend as the Sensex and Nifty indices closed on a negative note. While the Sensex lost 0.83% to settle at 73,885.60 points, the Nifty shed 0.95% to 22,488.65 points. The midcap indices showed positive signals with the Nifty Midcap 50 gaining 0.5% to close at 14,588.35 points. Here are more details on market's performance on Thursday.
Market results
Who were the biggest gainers and losers?
Among the top sector gainers in the stock market were NIFTY MEDIA, NIFTY PSE, and NIFTY MNC, gaining 1.23%, 1.09%, and 0.84%, respectively. ICICI Bank, Axis Bank, and HDFC Bank emerged as the top-performing stocks, edging up 1.06%, 0.71%, and 0.43%, respectively. Tata Steel, Tech Mahindra, and Power Grid Corporation of India emerged the biggest losers, dropping 5.8%, 3.54%, and 3.46%, respectively.
Data
Take a peek at the global markets
Among the Asian markets, the Hang Seng Index shed 246.82 points to 18,230.19 points while the Nikkei gained 502.74 points to 38,054.13 points. Meanwhile, in the US market, NASDAQ ended in the red, falling 0.58%, to 16,920.58 points.
Commodities
INR goes up 0.05% against US dollar
The Indian rupee (INR) gained 0.05% against the US dollar to trade at ₹83.31 in forex trade. The prices of both gold and silver futures witnessed a decline, with the former slipping 0.57% and the latter shedding 2.05% to settle at ₹71,781 and ₹94,195, respectively. Meanwhile, the crude oil future prices declined by $0.52, or 0.65% to $78.99 per barrel.