{"id":11092,"date":"2021-06-23T04:15:46","date_gmt":"2021-06-23T04:15:46","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/23\/sensex-nifty-inch-higher-in-early-trade\/"},"modified":"2021-06-23T04:15:46","modified_gmt":"2021-06-23T04:15:46","slug":"sensex-nifty-inch-higher-in-early-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/23\/sensex-nifty-inch-higher-in-early-trade\/","title":{"rendered":"Sensex, Nifty Inch Higher In Early Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened slightly higher on Wednesday after Fed Chair Jerome Powell reiterated that inflation pressures will be temporary and stressed that the Fed will do everything to support the <span class=\"landLinks\">economy<\/span> for as long as it takes to complete the recovery.<\/p>\n<p>The benchmark 30-share BSE Sensex inched up 85 points, or 0.2 percent, to 52,673 in early trade, while the broader NSE Nifty index was up 27 points, or 0.2 percent, at 15,799.<\/p>\n<p>IDBI Bank jumped 3.1 percent on stake sale reports. <\/p>\n<p>NMDC fell about 1 percent despite reporting an eight-fold jump in Q4 net profit.<\/p>\n<p>HDFC Bank was marginally lower. The private sector lender said it sold CDSL shares worth a little over Rs 185 crore through an open market transaction. <\/p>\n<p>Jaypee Infratech slumped 4.4 percent after reporting a consolidated net loss of Rs 491.60 crore for the quarter ended March 2021. <\/p>\n<p>GE Power India dropped 1.2 percent as it posted nearly 8 percent growth in March quarter consolidated net profit.<\/p>\n<p>Vodafone Idea rose half a percent. The telecom operator said it is offering voice and data benefits for low-income group users to reconnect back.<\/p>\n<p>Sobha lost 2.7 percent after reporting a 65 percent decline in its consolidated net profit for the quarter ended March. <\/p>\n<p>Minda Industries advanced 1.3 percent. The company said it has won bid to acquire 51 percent stake in automotive lighting manufacture UZ Chasys LLC (UZ Chasys) in Uzbekistan. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/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 Inch Higher In Early Trade<\/a><br \/>\n<br \/>2021-06-23 04:15:46<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened slightly higher on Wednesday after Fed Chair Jerome Powell reiterated that inflation pressures will be temporary and stressed that the Fed will do everything to support the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11093,"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-11092","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11092","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=11092"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11093"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}