Sensex climbs to 55,925.74 points, Nifty settles above 16,650
What's the story
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.
Round-up
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.
Information
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.
Commodities
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.