Sensex climbs 630 points, Nifty settles above 16,500
What's the story
On Wednesday, the benchmark Sensex and Nifty indices witnessed a surge, extending their winning streak for the fourth day in a row. The Sensex jumped 1.14% to 55,397.53 points while the Nifty climbed 1.09% to 16,520.85 points. Meanwhile, the midcap stocks traded flat with the Nifty Midcap 50 settling at 7,906.65 points. Here are more details on the markets' performance.
Round-up
Who were the biggest winners and losers on Wednesday?
On Wednesday, NIFTY IT, NIFTY FMCG, and NIFTY METAL emerged as the top performing sectors, rising 2.84%, 1.12%, and 1.1%, respectively. The top gaining stocks were ONGC, Tech Mahindra, and TCS, adding 3.71%, 3.6%, and 2.82%, respectively. Among the biggest stock losers were HDFC Life, M&M, and Sun Pharma, which plunged 1.99%, 1.82%, and 1.47%, respectively.
Information
Take a look at the global markets
Coming to the Asian markets, both Shanghai Composite Index and Nikkei on Wednesday traded in red, slipping to 3,304.72 points and 27,680.26 points, respectively. Meanwhile, the Hang Seng Index jumped 1.11% to 20,890.22 points. In the US market, NASDAQ edged 3.11% higher to 11,713.15 points.
Commodities
INR slips 0.06% against the US Dollar
On Wednesday, the Indian rupee (INR) declined 0.06% against the US Dollar to end at Rs. 79.99 in the forex trade. Also, the gold futures witnessed little movement, settling flat at Rs. 50,400, while the silver futures jumped 0.31% to Rs. 55,898. Separately, the crude oil future prices declined by $1.28, or 1.27% to $99.44/barrel.
Information
Fuel prices in Delhi and Mumbai remain the same
The fuel prices in Delhi remain unchanged on Wednesday, with diesel priced at Rs. 89.66/liter and petrol costing Rs. 96.76/liter. In Mumbai, diesel is priced at Rs. 94.25/liter while petrol costs Rs. 106.29/liter.
Crypto
How are the popular cryptocurrencies performing today?
The world's most popular cryptocurrency Bitcoin is currently trading at $23,530.05, a 0.77% increase from yesterday. Meanwhile, Ethereum is up by 1.23% and is currently selling at $1,550.67. Tether, BNB, and Cardano are trading at $1.00 (flat), $267.23 (0.99% up), and $0.5298 (1.12% up), respectively. Finally, Dogecoin is trading 1.40% higher compared to yesterday at $0.07447.