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    Home / News / Business News / Sensex slips by 359 points, Nifty settles below 16,600
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    Sensex slips by 359 points, Nifty settles below 16,600
    Nifty Midcap 50 gained 0.33% and settled at 7,783.4 points (Photo credit: Moneycontrol)

    Sensex slips by 359 points, Nifty settles below 16,600

    By Dwaipayan Roy
    May 31, 2022
    04:24 pm

    What's the story

    On Tuesday, the Indian equity benchmarks halted a three-day winning streak to settle lower. While the Sensex fell 359 points to settle at 55,566.41 points, the Nifty stood at 16,584.55.

    However, the midcap indices edged up with the Nifty Midcap 50 gaining 25.95 points, or 0.33%, to settle at 7,783.4 points.

    Read on for more details on Tuesday's market report.

    Round-up

    Who were the biggest gainers and losers?

    Among the winning sectors in the stock market on Tuesday were NIFTY REALTY, NIFTY PSE, and NIFTY MEDIA, which rose 1.97%, 1.77%, and 1.52%, respectively.

    On the other hand, the biggest stock gainers were ONGC, M&M, and NTPC, which climbed 5%, 3.61%, and 3.38%, respectively.

    Among the biggest stock losers were Sun Pharma, Kotak Mahindra, and HDFC, which plunged 3.12%, 2.96%, and 2.56%, respectively.

    Information

    Take a look at the global markets

    As far as the Asian markets are concerned, Shanghai Composite Index soared 1.19% to 3,186.43 points, while Hang Seng rose 1.38% to 21,415.2 points. However, Nikkei ended in red, plunging 0.33% to 27,279.8 points. In the US, NASDAQ gained 3.33% to close at 12,131.13 points.

    Commodities

    INR goes down 0.13% against the US Dollar

    The Indian rupee (INR) slipped 0.13% to settle at Rs. 77.64 against the US Dollar in the forex trade on Tuesday.

    On the other hand, the gold futures witnessed little movement, ending flat at Rs. 51,000, while the silver futures tumbled 0.57% to Rs. 61,532.

    Coming to the crude oil futures, the prices soared 1.62% to settle at $118.84 per barrel.

    Information

    Fuel prices in Delhi and Mumbai remain unchanged

    The fuel prices in Delhi remain 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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