Sensex, Nifty halt 6-day plunge to settle in the green
What's the story
On Monday, the stock market managed to end in the green, halting a sharp six-day plunge, in highly volatile trade. While the Sensex settled at 52,973.84 points, the Nifty ended at 15,842.3 points. The midcap indices also showed positive signals with the Nifty Midcap 50 gaining 1.57%, to close at 7,468.95 points. Here are more details on the markets' performance on Monday.
Round-up
Who were the biggest gainers and losers?
Among the winning sectors in the stock market were NIFTY PSU BANK, NIFTY REALTY, and NIFTY AUTO, which rose 2.82%, 2.55%, and 2.22%, respectively. Furthermore, Eicher Motors, Apollo Hospital, and NTPC emerged as the top-performing stocks, edging up 7.71%, 4.06%, and 3.02%, respectively. UltraTech Cement, Shree Cements, and Asian Paints emerged as the biggest losers, dropping 2.98%, 2.58%, and 1.93%, respectively.
Information
Take a look at the global markets
Moving on to Asian markets, the Hang Seng rose 0.26% to 19,950.21 points and the Nikkei edged up 0.45% to 26,547.05 points. However, Shanghai Composite Index plunged 0.34% to 3,073.75 points. In the US, NASDAQ ended on a positive note, surging 3.82% to 11,805 points.
Commodities
Crude oil future prices surged by 0.46%
The Indian rupee (INR) settled at Rs. 77.43 against the US dollar in the forex trade on Monday. Also, the gold futures witnessed little movement, settling flat at Rs. 49,842. The silver futures jumped by 0.7% to Rs. 59,750. Meanwhile, the prices of the crude oil futures surged by $0.5, or 0.46% to $110.39 per barrel.