Sensex slips over 300 points, Nifty barely holds 16,000 mark
On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall, continuing their losing streak for the third day. The Sensex plunged 0.56% to 53,749.26 points, while the Nifty fell 0.62% to 16,025.8 points. The midcap stocks witnessed a bearish run with the Nifty Midcap 50 shedding 137.9 points to end at 7,395.7 points. Here's all you need to know about Wednesday's market report.
Who were the biggest gainers and losers on Wednesday?
Among the winning sectors on Wednesday were NIFTY FIN SERVICE, NIFTY PVT BANK, and NIFTY BANK, which rose 0.68%, 0.27%, and 0.14%, respectively. Meanwhile, NTPC, HDFC Life, and SBI Life Insurance emerged as the biggest stock gainers, adding 3.95%, 2.89%, and 2.11%, respectively. Asian Paints, Adani Ports, and Divis Labs emerged as the most losing stocks, falling 8.06%, 5.59%, and 4.12%, respectively.
Take a look at the global markets
Coming to the Asian markets, Shanghai Composite Index, Hang Seng Index, and the Nikkei plunged 1.19%, 0.29%, and 0.26% to 3,107.46 points, 20,171.27 points, and 26,677.8 points, respectively. In the US, NASDAQ ended in the red, falling 270.82 points, or 2.35%, to 11,264.45 points.
INR climbs 0.07% against the US Dollar
On Wednesday, the Indian rupee (INR) edged up 0.07% to Rs. 77.53 versus the US dollar. The prices of both gold and silver futures witnessed a decline, with the former slipping 0.35% and the latter shedding 0.7% to settle at Rs. 50,977 and Rs. 61,545, respectively. Meanwhile, the crude oil future prices surged by $1.73, or 1.57% to $111.52/barrel.
Fuel prices in Delhi and Mumbai remain unchanged
The fuel prices in Delhi remained unchanged on Wednesday, 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.
