{"id":10122,"date":"2021-05-26T02:54:03","date_gmt":"2021-05-26T02:54:03","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/26\/sensex-nifty-seen-opening-on-flat-note\/"},"modified":"2021-05-26T02:54:03","modified_gmt":"2021-05-26T02:54:03","slug":"sensex-nifty-seen-opening-on-flat-note","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/26\/sensex-nifty-seen-opening-on-flat-note\/","title":{"rendered":"Sensex, Nifty Seen Opening On Flat Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Trading in the Nifty futures suggest that Indian <span class=\"landLinks\">markets<\/span> are likely to open little changed on Wednesday. With a decline in the number of COVID-19 cases, investors are pinning hopes for a gradual reopening of the <span class=\"landLinks\">economy<\/span>. <\/p>\n<p>India&#8217;s GDP may have contracted less than earlier estimated in FY21, the State Bank of India said in its Ecowrap report.<\/p>\n<p>British brokerage Barclays said the second wave has started to recede and the overall situation is coming under control.<\/p>\n<p>Benchmark indexes Sensex and the Nifty gave up early gains to end on a flat note Tuesday, while the rupee rose by 19 paise to end at near two-month high 72.77 against the U.S. dollar.<\/p>\n<p>Asian markets held steady this morning and Treasuries maintained a rally after Vice Chair Richard Clarida said talking about tapering will depend on the flow of data. <\/p>\n<p>Separately, San Francisco Federal Reserve Bank President Mary Daly emphasized that policy is in a very good place right now and the Fed will remain patient. <\/p>\n<p>The dollar wallowed near its weakest since early January against major peers, while spot gold held steady, after having hit its highest since Jan.8 at $1,899.11 on Tuesday. Oil prices traded flat as investors weighed the impact from possible return of Iranian oil to the market. <\/p>\n<p>U.S. stocks fluctuated before ending slightly lower overnight as disappointing consumer confidence and housing sales readings dented sentiment. <\/p>\n<p>The Dow and the S&amp;P 500 slipped around 0.2 percent while the tech-heavy Nasdaq Composite finished marginally lower. <\/p>\n<p>European stocks ended mixed on Tuesday after reaching record highs earlier in the session. The pan European Stoxx 600 ended flat with a positive bias. <\/p>\n<p>The German DAX edged up 0.2 percent to a new high, while France&#8217;s CAC 40 index and the U.K.&#8217;s FTSE 100 both shed around 0.3 percent. <\/p>\n<\/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 Flat Note<\/a><br \/>\n<br \/>2021-05-26 02:54:03<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trading in the Nifty futures suggest that Indian markets are likely to open little changed on Wednesday. With a decline in the number of COVID-19 cases, investors are pinning hopes&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10123,"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-10122","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10122","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=10122"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10123"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}