{"id":10069,"date":"2021-05-24T02:45:52","date_gmt":"2021-05-24T02:45:52","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/24\/sensex-nifty-seen-opening-on-softer-note\/"},"modified":"2021-05-24T02:45:52","modified_gmt":"2021-05-24T02:45:52","slug":"sensex-nifty-seen-opening-on-softer-note","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/24\/sensex-nifty-seen-opening-on-softer-note\/","title":{"rendered":"Sensex, Nifty Seen Opening On Softer Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares are seen opening slightly lower on Monday despite nationwide lockdowns helping bring down the <span class=\"landLinks\">coronavirus<\/span> caseload. <\/p>\n<p>India on Sunday became the third country after the U.S. and Brazil to register over 3 lakh deaths due to COVID-19. However, the fatality rate is among the lowest when compared to other hard-hit countries.<\/p>\n<p>The country registered 2,40,842 new cases and 3,741 fatalities over the past 24 hours, marking the seventh straight day when coronavirus cases remained below the 3 lakh-level.<\/p>\n<p>With the situation showing significant improvement, many states are expected to start relaxing restrictions after June 1.<\/p>\n<p>Meanwhile, the fourth-quarter earnings season will come to an end this week, with Bank of Baroda, BPCL, Divis Laboratories, Eicher Motors, Grasim Industries, Mahindra &amp; Mahindra and Sun Pharma due to report their results. <\/p>\n<p>Container Corporation of India, Godrej Industries, JSW Steel, Shree Cement and United Spirits have unveiled their earnings results after market hours on Friday. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> are trading mixed this morning amid lingering concerns about the outlook for inflation.  The dollar held near three-month low while gold traded near four-month highs. <\/p>\n<p>Oil prices rose after a storm formed in the Gulf of Mexico and Iran said a three-month nuclear monitoring deal had expired. Bitcoin rose to about $35,500 following another weekend of big price swings. <\/p>\n<p>U.S. stocks ended mixed on Friday as inflation concerns and talk of tapering kept investors on the edge. Traders also digested data showing that U.S. home sales fell for a third straight month in April. <\/p>\n<p>The S&amp;P 500 ended little changed with a negative bias and the tech-heavy Nasdaq Composite shed half a percent while the Dow rose 0.4 percent. <\/p>\n<p>European stocks ended Friday&#8217;s session broadly higher after the release of positive euro zone PMI data and U.K. retail sales numbers.<\/p>\n<p>The pan European Stoxx 600 advanced 0.6 percent. The German DAX edged up 0.4 percent and France&#8217;s CAC 40 index gained 0.7 percent while the U.K.&#8217;s FTSE 100 finished marginally lower. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Sensex, Nifty Seen Opening On Softer Note<\/a><br \/>\n<br \/>2021-05-24 02:45:52<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares are seen opening slightly lower on Monday despite nationwide lockdowns helping bring down the coronavirus caseload. India on Sunday became the third country after the U.S. and Brazil&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1535139262971-c51845709a48?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=1950&q=80","fifu_image_alt":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-10069","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=10069"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10070"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}