Sensex climbs to 58,683.99 points, Nifty settles near 17,500 points
The benchmark Sensex and Nifty indices on Wednesday saw gains, marking a 3-day winning streak. While the Sensex rose 1.28% to 58,683.99 points, the Nifty jumped 0.99% to 17,498.25 points. Also, the midcap indices showed positive signals with the Nifty Midcap 50 gaining 87.15 points, or 1.07%, to close at 8,132.1 points. Read on for more details on Wednesday's market report.
Who were the biggest gainers on Wednesday?
As far as the top sector gainers are concerned, NIFTY MEDIA, NIFTY FIN SERVICE, and NIFTY REALTY topped the list, edging up 2.23%, 1.92%, and 1.5%, respectively. Meanwhile, the top stock gainers were Bajaj Finserv, HDFC Life and TATA Consumer Products, which climbed 3.8%, 3.69%, and 3.05%, respectively. ONGC, Hindalco, and JSW Steel lead the negative pack, plummeting 5.26%, 4.99%, and 4.82%, respectively.
Take a look at the global markets
On Wednesday, the Asian markets traded in the red with the Shanghai Composite Index, the Hang Seng Index, and the Nikkei plunging 1.96%, 1.39%, and 0.8% to 3,266.6 points, 22,232.03 points, and 28,027.25 points, respectively.
INR climbs by 0.09% against the US Dollar
On Wednesday, the Indian rupee (INR) edged up 0.09% to Rs. 75.91 versus the US Dollar in the forex trade. Meanwhile, both gold and silver futures witnessed a rise. The price of gold futures rose 0.58% to Rs. 51,110, while that of silver futures climbed 0.57% to Rs. 67,326. The crude oil futures edged up by $2.11 or 2.02% to $106.31 per barrel.
Fuel prices in Delhi and Mumbai see an uptick
In Delhi, fuel prices witnessed a hike with the diesel price rising by 0.86% to Rs. 92.31/liter and the petrol rate soared 0.79% to Rs. 101.05/liter. In Mumbai, the diesel rate climbed to Rs. 100.08/liter and petrol saw a Rs. 0.84 rise to Rs. 115.86/liter.