Sensex slips to 56,819.39 points, Nifty barely holds 17,000 mark
What's the story
On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall over fears related to global economic growth. The Sensex plunged 0.94% to 56,819.39 points, while the Nifty fell 162.40 points to 17,038.40.
The midcap indices were also in a bearish mode as Nifty Midcap 50 plunged 0.93% to settle at 8,194.90 points.
Here's all you need to know about Wednesday's market report.
Round-up
Who were the biggest gainers and losers?
NIFTY MEDIA emerged as the highest gaining sector on Wednesday with a rise of 0.07%.
On the other hand, the top gaining stocks were Hero Motocorp, Tata Steel, and Asian Paints, which added 3.98%, 1.18%, and 0.62%, respectively.
Among the biggest stock losers were Bajaj Finance, Bajaj Finserv, and Tata Consumer Products, which plunged 7.28%, 3.79%, and 2.8%, respectively.
Information
Take a look at the global markets
On Wednesday, the Asian markets traded in the red with Shanghai Composite, the Hang Seng, and Nikkei plunging 2.49%, 0.06%, and 1.17% to 2,958.28 points, 19,946.36 points, and 26,386.63 points, respectively. In the US market, NASDAQ witnessed a steep fall, dropping 3.95% to 12,490.74 points.
Commodities
INR goes up by 0.06% against the US Dollar
The Indian rupee (INR) on Wednesday strengthened 0.06% to settle at Rs. 76.53 against the US Dollar in forex trade.
The gold futures' prices edged lower by Rs. 260, or 0.5%, to Rs. 51,324. The silver futures, however, largely traded flat, closing at Rs. 64,923.
The crude oil futures were also trading flat to settle at $102.6 per barrel.