Sensex gains 627 points, Nifty settles near 18,500 mark
What's the story
On Friday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 1.01% to 62,501.69 points while the Nifty climbed 0.96% to 18,499.35 points.
Also, the midcap indices showed positive signals with the Nifty Midcap 50 gaining 96.6 points, or 1.02%, to close at 9,428.6 points.
Read on for more details on Friday's report.
Result
Who were the biggest winners and losers?
As far as the top sector gainers are concerned, NIFTY MEDIA, NIFTY IT, and NIFTY FMCG topped the list, edging up 2.19%, 1.46%, and 1.45%, respectively.
On the other hand, the top-gaining stocks were Reliance, Sun Pharma, and Hindalco, adding 2.73%, 2.2%, and 2.15%, respectively.
Among the biggest stock losers were ONGC, Grasim, and Bajaj Auto, which plunged 1.2%, 0.89%, and 0.64%, respectively.
Data
Take a glance at the global markets
In the Asian markets, the Shanghai Composite Index soared 0.35% to 3,212.5 points, while the Nikkei Index too rose 0.37% to 30,916.31 points. However, the Hang Seng Index shed 1.97%, ending at 18,746.92 points. In the US market, NASDAQ gained 1.71%, to 12,698.09 points.
Scenario
INR goes up 0.21% against the US Dollar
The Indian Rupee (INR) appreciated by 0.21% to close at Rs. 82.57 against the US Dollar in the forex trade on Friday.
The gold future prices were flat at Rs. 59,563, while the silver prices climbed 0.96% to Rs. 70,917.
Coming to the crude oil futures, the prices soared 0.87% to settle at $72.64 per barrel.
Data
No change in fuel prices
The fuel prices remained unchanged on Friday. Diesel and petrol are being sold in Delhi for Rs. 89.66 and Rs. 96.76, respectively, per liter. In Mumbai, diesel is priced at Rs. 94.25 per liter, while petrol costs Rs. 106.29 per liter.
Crypto
How have the popular cryptocurrencies fared?
Bitcoin is currently trading at $26,442.90 which is 0.68% up from yesterday. Ethereum is up 1.50% and is trading at $1,813.00.
On the other hand, Tether, BNB, and Cardano are priced at $1.00 (0.01% up), $306.54 (0.31% up), and $0.3579 (0.12% down), respectively.
Dogecoin is trading 0.42% higher than yesterday at $0.07074.