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    Home / News / Business News / Sensex slips to 54,053 points, Nifty settles below 16,200
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    Sensex slips to 54,053 points, Nifty settles below 16,200
    Nifty Midcap 50 shed 35.6 points to settle at 7,533.6 (Photo credit: Moneycontrol)

    Sensex slips to 54,053 points, Nifty settles below 16,200

    By Dwaipayan Roy
    May 24, 2022
    03:54 pm

    What's the story

    On Tuesday, the Indian equity benchmarks extended their fall for the second straight session.

    While the Sensex slipped 0.44% to 54,052.61 points, the Nifty shed 0.56% to 16,125.15 points. The midcap stocks also witnessed a downward trend, with the Nifty Midcap 50 shedding 35.6 points to end at 7,533.6 points.

    Here's all you need to know about Tuesday's market report.

    Round-up

    Who were the biggest gainers and losers?

    On Tuesday, NIFTY FINANCIAL SERVICE, NIFTY BANK, and NIFTY AUTO emerged as the top-performing sectors, rising 0.32%, 0.12%, and 0.01%, respectively.

    On the other hand, the top gaining stocks were Dr. Reddys Labs, HDFC, and Kotak Mahindra, adding 1.94%, 1.48%, and 1.43%, respectively.

    Divis Labs, Tech Mahindra, and Grasim emerged as the top losing stocks, falling 6%, 4.13%, and 3.92%, respectively.

    Information

    Take a look at the global markets

    Coming to the Asian markets, the Hang Seng on Tuesday slipped 357.96 points, or 1.75%, to 20,112.1 points while the Nikkei rose 253.38 points, or 0.94%, to 26,748.14 points. Meanwhile, in the US market, NASDAQ closed on a positive note, gaining 1.59% to 11,535.27 points.

    Commodities

    INR goes down by 0.09% against the US Dollar

    The Indian rupee (INR) on Tuesday weakened against the US Dollar, plunging 0.09% to settle at Rs. 77.59 in the forex trade.

    Meanwhile, the price of gold futures also witnessed little movement, settling flat at Rs. 51,024, while the silver futures jumped 0.29% to Rs. 61,479.

    The crude oil futures were mostly flat, ending at $110 per barrel.

    Information

    Fuel prices in Delhi and Mumbai remain unchanged

    The fuel prices in Delhi remained unchanged on Tuesday, with diesel priced at Rs. 89.66/liter and petrol costing Rs. 96.76/liter. Meanwhile, in Mumbai, diesel costs Rs. 97.26/liter and petrol is priced at Rs. 111.33/liter.

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