Market sentiment remained weak throughout the day after the Reserve Bank of India (RBI) on Wednesday, December 7 hiked key interest rates by 35 basis points to combat the rising inflation. The Sensex closed below 62,450 while the Nifty settled below 18,600.
Indian stock market
The BSE Sensex fell 215.68 points or 0.34%, settling at 62,410.68 while the NSE Nifty 50 dipped 82.25 points or 0.44% to 18,560.50. In the sectoral indices, Nifty Bank dropped 0.09% and Nifty Auto fell 0.80%.
European Markets
England’s FTSE100 was trading at 7,527.12, up 5.73 points or 0.08% at 3:20 PM (IST). Europe’s Euronext100 was down 8.14 points or 0.64% at 1,269.07. France’s CAC was trading 27.92 points or 0.42% lower at 6,659.87. Germany’s DAX was down 47.12 points or 0.33% at 14,296.07.
US Markets
The S&P 500 fell 1.44% to close at 3,941.26 overnight, while the Nasdaq Composite dropped 2% to conclude at 11,014.89 on Tuesday. The Dow Jones Industrial Average slipped 350.76 points, or 1.03%, to settle at 33,596.34.
Also Read: Sensex ends in red, Nifty must hold above 18,650 for upside; hawkish RBI drags investor sentiment
Rupee movement
The Indian rupee depreciated 0.16% or 0.1350 at 82.4812 against the US dollar at 4:15 PM (IST)
Gold, Silver
Gold futures on the multi-commodity exchange were trading at 53788.00 up 28.00 points or 0.05% while Silver futures were up 171 points or 0.26% at 65585.00 at 3.40 PM (IST).
Crude oil
WTI Crude futures were down 1.7% at $73.14 while Brent Crude futures were trading 1.80% lower at $77.92 at 3:50 PM (IST).
Cryptocurrency
Bitcoin (BTC) at 4:00 PM (IST) was trading at Rs $16,819.43, down by 0.97% in the last 24 hours. Its total market cap is Rs $323,389,406,116. Ethereum (ETH) is trading at Rs $1,228.98, down by 2.17% in the last 24 hours. It has a total market cap of Rs $6,115,275,367.
