#Bloodbath: Sensex plunges 1,000 points; Nifty hits 17,046
On Monday, the stock market extended its losing streak for the fourth day as the Sensex plunged by 1,000 points to 57,274.3 points, while the Nifty dropped to 17,046.2 points. The midcap indices reflected the broader market trend, trading in a bearish mode as the Nifty Midcap 50 dropped 270.35 points to 8,158.4 points. Read on for more details on Monday's bloodbath report.
Who were the biggest gainers and losers?
Coming to the top sector gainers, NIFTY IT on Monday became the most gaining sector, edging 0.29% higher. On the other hand, the biggest stock gainers were Nestle, Divis Labs, and HCL Tech, which climbed 1.77%, 1.58%, and 1.34%, respectively. Power Grid Corporation, Tata Motors Ltd, and Hindalco emerged as the most losing stocks, falling 7.18%, 6.09%, and 5.74%, respectively.
INR goes down 0.7% against the US Dollar
On Monday, the Indian Rupee (INR) edged 0.7% lower to Rs. 81.56 versus the US Dollar in the forex trade. Meanwhile, the gold futures prices were trading flat at Rs. 49,350. However, the silver prices fell by Rs. 693, or 1.23%, to Rs. 55,540. The crude oil future prices declined by $0.23, or 0.3% to $78.56 per barrel.
Take a look at the global markets
On Monday, the Asian markets traded in the red with the Shanghai Composite Index, Hang Seng, and Nikkei plunging 0.41%, 0.42%, and 2.55% to 3,075.68 points, 17,857.54 points, and 26,462.48 points, respectively. In the US, NASDAQ traded in the red, plunging 1.8%, to 10,867.93 points.
How have the popular cryptocurrencies fared today?
The world's most popular cryptocurrency Bitcoin is currently trading at $18,817.21, which is a 0.98% decrease from yesterday. Meanwhile, Ethereum is trading at $1,293.14, which is down 2.31%. Tether, BNB, and Cardano are trading at $1 (flat), $272.24 (1.28% down), and $0.4422 (2.94% down), respectively. Finally, down 3.11% from yesterday, Dogecoin is now trading at $0.06103.
Fuel prices in Delhi, Mumbai on Monday
The fuel prices in Delhi remain unchanged on Monday, 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.
