Sensex gains 1,047 points, Nifty reaches near 17,300 points
The market on March 17 closed with an uptrend movement as the Sensex soared 1.78% to 57,848.27 points while the Nifty gained 1.86% to 17,297.6 points. Mimicking the broader market trend, the midcap indices also showed positive signals with the Nifty Midcap 50 gaining 113.25 points or 1.41% to close at 8,010.35 points. Here's all you need to know about Thursday's market report.
Who were the biggest gainers on Thursday?
On Wednesday, Nifty REALTY, NIFTY FIN SERVICE, and NIFTY ENERGY emerged as the top-performing sectors, rising 3.01%, 2.6%, and 2.21%, respectively. Furthermore, HDFC, Titan Company, and JSW Steel emerged as the top-performing stocks, edging up 5.36%, 4.59%, and 4.39%, respectively. Meanwhile, Infosys, Cipla, and IOC were trading among the top stock losers on Wednesday, shedding 1.05%, 0.86%, and 0.49%, respectively.
Gold climbs by 0.82% to close at Rs. 51,565
The Indian rupee (INR) appreciated by 0.59% to close at Rs. 75.81 against the US Dollar in the forex trade. Prices of both gold and silver futures witnessed a surge. While the former soared 0.82% to Rs. 51,565, the latter jumped 1.62% to Rs. 68,391. Coming to the crude oil futures, the prices soared 2.82% to settle at $98.96 per barrel.
Here is a look at the global markets
Moving on to Asian markets, the Shanghai Composite Index plummeted 1.4% to 3,215.04 points, while the Nikkei too plunged 3.46% to 26,652.89 points on Thursday. However, the Hang Seng Index climbed 7.04% to 21,501.23 points.
Fuel prices in Delhi and Mumbai remain unchanged
Fuel prices in New Delhi remained the same on Thursday with diesel priced at Rs. 86.71/liter and petrol costing Rs. 95.45/liter. No change in fuel prices in Mumbai too. Diesel is priced at Rs. 94.13/liter and petrol at Rs. 109.96/liter.
