Sensex slips to 58,576.37 points, Nifty settles below 17,600 points
The markets on Tuesday, the benchmark Sensex and Nifty indices, witnessed a slump. While the Sensex slipped 388.2 points, or 0.66%, to 58,576.37 points, the Nifty shed 144.65 points, or 0.83%, to 17,530.3 points. The midcap stocks witnessed a bearish run with the Nifty Midcap 50 shedding 150.5 points to end at 8,467.55 points. Read on for more details on Tuesday's market report.
Who were the biggest gainers and losers on Tuesday?
As far as the top-performing sectors of the market are concerned, NIFTY PVT BANK, NIFTY BANK, and NIFTY FIN SERVICE led the way, gaining 0.45%, 0.35%, and 0.02%, respectively. The top gaining stocks were Axis Bank, Kotak Mahindra and Power Grid Corp, adding 1.58%, 1.03%, and 0.95%, respectively. Hindalco, Coal India, and Grasim led the losers by shedding 5.9%, 5.3%, and 3.55%, respectively.
Take a look at the global markets
On Tuesday, the Asian markets traded in the red with the Shanghai Composite Index, the Hang Seng Index, and the Nikkei plunging 1.46%, 0.52%, and 1.81% to 3,213.33 points, 21,319.13 points, and 26,334.98 points, respectively. NASDAQ traded in the red, plunging 2.18% to 13,411.96 points.
Crude oil prices rose by 3.15%
The Indian rupee (INR) depreciated by 0.24% to end at Rs. 76.14 against the US Dollar. Both gold and silver futures witnessed a rise. The price of gold futures rose 0.57% to Rs. 52,476, while that of silver futures climbed 0.71% to Rs. 67,775. On the other hand, the crude oil futures edged up by $2.97, or 3.15% to $97.22/barrel.
Fuel prices in Delhi and Mumbai remain the same
Fuel prices in Delhi remained unchanged on Tuesday with the diesel priced at Rs. 96.71/liter and the petrol at Rs. 105.45/liter. Fuel prices in Mumbai also remained the same with the diesel costing Rs. 104.75/liter and petrol costing Rs. 120.5/liter.
