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    Home / News / Business News / Sensex gains 345 points, Nifty settles near 18,600 mark
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    Sensex gains 345 points, Nifty settles near 18,600 mark
    Nifty Midcap 50 ended on a positive note, settling at 9,470.35 points

    Sensex gains 345 points, Nifty settles near 18,600 mark

    By Akash Pandey
    May 29, 2023
    03:59 pm

    What's the story

    On Monday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.55% to 62,846.38 points, the Nifty jumped 0.53% to 18,598.65 points.

    Mimicking the broader market, the midcap indices witnessed an upward trend with the Nifty Midcap 50 rising 0.44% to 9,470.35 points.

    Here's all you need to know about the market's report on Monday.

    Result

    Who were the biggest gainers and losers?

    Among the top sector gainers were NIFTY METAL, NIFTY FIN SERVICE, and NIFTY REALTY, gaining 0.93%, 0.83%, and 0.77%, respectively.

    M&M, Titan Company, and Tata Steel emerged as the biggest stock gainers, adding 3.37%, 2.58%, and 1.88%, respectively.

    On the other hand, ONGC, Power Grid, and Divis Labs lead the negative pack, plummeting 2.9%, 1.16%, and 1.14%, respectively.

    Data

    Take a glance at the global markets

    Coming to the Asian markets, the Hang Seng Index and Nikkei declined by 1.06% and 1.02% to 18,551.11 points and 31,233.54 points, respectively. However, the Shanghai Composite Index rose 0.28% to 3,221.45 points. In the US, NASDAQ surged 277.59 points, or 2.19%, to 12,975.69 points.

    Scenario

    INR goes down 0.07% against the US Dollar

    On Monday, the Indian Rupee (INR) weakened against the US Dollar in the forex trade, sliding 0.07% to settle at Rs. 82.63.

    The gold futures prices surged by 0.26% to Rs. 59,505, while the silver futures settled flat at Rs. 71,312.

    The crude oil futures were also mostly flat, ending at $72.76 per barrel.

    Data

    No change in fuel prices on Monday

    The cost of fuel remained unchanged on Monday. In Delhi, diesel and petrol are retailing at Rs. 89.66/liter and Rs. 96.76/liter, respectively. In Mumbai, diesel continues to sell at Rs. 94.25/liter and petrol at Rs. 106.29/liter.

    Crypto

    How have the popular cryptocurrencies moved?

    Bitcoin is trading at $27,948.70, which is 2.88% up from yesterday. Ethereum is up 3.22% and is selling at $1,904.94.

    Tether, BNB, and Cardano are listed at $1.00 (0.01% down), $314.05 (2.08% up), and $0.3796 (2.04% up), respectively.

    Finally, Dogecoin is trading at $0.07329, which is 1.16% higher than yesterday.

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