Sensex climbs to 55,925.74 points, Nifty settles above 16,650
The stock market on Monday continued its winning streak for the third straight session. While Sensex rose 1.86% to 55,925.74 points, the Nifty soared 1.85% to 16,661.4 points. Meanwhile, the midcap indices reflected the broader market trend, showing a bullish stance as Nifty Midcap 50 gained 2.11% to close at 7,757.45. Here's all you need to know about Monday's market report.
Who were the biggest gainers and losers?
As far as the top sector gainers are concerned, NIFTY REALTY, NIFTY IT, and NIFTY MEDIA topped the list, edging up 3.9%, 3.74%, and 3.11%, respectively. Furthermore, M&M, Titan Company, and Infosys emerged as the top-performing stocks, edging up 5.26%, 4.89%, and 4.64%, respectively. Kotak Mahindra, JSW Steel, and Sun Pharma emerged as the biggest losers, falling 2.16%, 1.91%, and 1.65%, respectively.
Take a look at the global markets
The Asian markets on Monday ended in the green. The Shanghai Composite Index, Hang Seng, and Nikkei climbed 0.6%, 2.06%, and 2.19% to settle at 3,149.06 points, 21,123.93 points, and 27,369.43 points, respectively. In the US, NASDAQ rose 390.48 points, or 3.33%, to 12,131.13 points.
INR goes up 0.04% against the US Dollar
The Indian rupee (INR) gained against the US Dollar, rising 0.04% to Rs. 77.54 in forex trade on Monday. Meanwhile, the gold and silver futures prices closed on a flat note on May 30, with the former settling at Rs. 50,974 and the latter at Rs. 62,110. Coming to the crude oil futures, the prices soared 0.79% to settle at $115.64 per barrel.
Fuel prices in Delhi and Mumbai remain unchanged
The fuel prices in Delhi remain unchanged on Monday, 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.
