Sensex slips to 58,576.37 points, Nifty settles below 17,600 points
What's the story
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.
Round-up
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.
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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.
Commodities
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.
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