{"id":11072,"date":"2021-06-22T02:55:44","date_gmt":"2021-06-22T02:55:44","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/22\/sensex-nifty-seen-up-as-vaccination-picks-up-pace\/"},"modified":"2021-06-22T02:55:44","modified_gmt":"2021-06-22T02:55:44","slug":"sensex-nifty-seen-up-as-vaccination-picks-up-pace","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/22\/sensex-nifty-seen-up-as-vaccination-picks-up-pace\/","title":{"rendered":"Sensex, Nifty Seen Up As Vaccination Picks Up Pace"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares are seen opening higher on Tuesday amid hopes that current vaccination drive might help prevent a possible third wave of <span class=\"landLinks\">coronavirus<\/span> infections and that the domestic <span class=\"landLinks\">economy<\/span> is much better prepared to face any kind of crisis. <\/p>\n<p>India on Monday broke its record of maximum Covid-19 vaccine doses administered in a day, with more than 75 lakh vaccine doses administered across the country as Centre&#8217;s revised vaccination guidelines came into force. <\/p>\n<p>The country recorded its lowest single-day rise in 88 days with 53,256 new cases in the past 24 hours. <\/p>\n<p>Meanwhile, India received $64 billion in Foreign Direct Investment in 2020, the fifth largest recipient of inflows in the world, according to a UN report.<\/p>\n<p>Retail companies could be in focus today after the government proposed tough e-commerce rules to address alleged cheating practices employed by Amazon and Flipkart.<\/p>\n<p>Benchmark indexes Sensex and the Nifty ended a choppy session up about half a percent on Monday, while the rupee fell by 24 paise to close at 74.10 against the dollar. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> followed Wall Street higher this morning and Brent oil hit $75 a barrel for the first time since April 2019, while Bitcoin slipped toward $30,000 after China intensified its cryptocurrency clampdown.<\/p>\n<p>U.S. stocks advanced overnight as banks and energy companies recovered some of last week&#8217;s steep losses following the Federal Reserve policy update. <\/p>\n<p>U.S. Treasury yields dropped and the dollar&#8217;s rally paused after New York Federal Reserve Bank President John Williams said that the current economic recovery may be choppy and he isn&#8217;t ready for the U.S. central bank to dial back the support it is giving the economy.<\/p>\n<p>The Dow rallied as much as 1.8 percent to snap its five-day losing streak and post its best performance since early March, while the S&amp;P 500 climbed 1.4 percent and the tech-heavy Nasdaq Composite index rose 0.8 percent. <\/p>\n<p>European stocks rose on Monday after the European Central Bank President Christine Lagarde said the bank will continue with its accommodative monetary policy to support the ongoing economic recovery. <\/p>\n<p>The pan European Stoxx 600 rose 0.7 percent. The German DAX jumped 1 percent, France&#8217;s CAC 40 index gained half a percent and the U.K.&#8217;s FTSE 100 added 0.6 percent. <\/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 Up As Vaccination Picks Up Pace<\/a><br \/>\n<br \/>2021-06-22 02:55:44<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares are seen opening higher on Tuesday amid hopes that current vaccination drive might help prevent a possible third wave of coronavirus infections and that the domestic economy is&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11073,"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-11072","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11072","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=11072"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11073"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}