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