{"id":12095,"date":"2021-07-22T10:48:32","date_gmt":"2021-07-22T10:48:32","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/22\/sensex-soars-639-points-nifty-ends-at-15824\/"},"modified":"2021-07-22T10:48:32","modified_gmt":"2021-07-22T10:48:32","slug":"sensex-soars-639-points-nifty-ends-at-15824","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/22\/sensex-soars-639-points-nifty-ends-at-15824\/","title":{"rendered":"Sensex Soars 639 Points; Nifty Ends At 15,824"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended sharply higher on Thursday to snap a three-day losing streak, with IT and metal stocks leading the surge on hopes for economic and earnings growth.<\/p>\n<p>Global cues were upbeat as investors brushed off fears about the spread of Delta <span class=\"landLinks\">coronavirus<\/span> variant and looked ahead to the European Central Bank for reassurance that policy support will continue for some time.<\/p>\n<p>The benchmark 30-share BSE Sensex ended the session up 638.70 points, or 1.22 percent, at 52,837.21, while the broader NSE Nifty index jumped 191.95 points, or 1.23 percent, to settle at 15,824.05.<\/p>\n<p>Metal stocks surged as base metal prices extended their recovery. JSW Steel jumped 5.9 percent, Tata Steel rallied 3.6 percent and Hindalco gained 2.9 percent. <\/p>\n<p>IT stocks witnessed broad-based gains, with Tech Mahindra climbing as much as 5.4 percent. Wipro rose 2.8 percent and Infosys gained 2.5 percent <\/p>\n<p>Bharti Airtel advanced 4.2 percent after rolling out new postpaid plans. <\/p>\n<p>Among financials, Bajaj Finance gained 4.2 percent and Bajaj FinServ added 3.6 percent.  <\/p>\n<p>Arvind Fashions soared 20 percent after the country&#8217;s leading casual and denim clothing manufacturer announced a divestment of the assets of &#8216;Unlimited&#8217; <span class=\"landLinks\">business<\/span> to V-Mart Retail for Rs 150 crore.<\/p>\n<p>IDFC surged 11.6 percent as the RBI allowed the company to exit as the promoter of IDFC First Bank. Shares of the latter rose 2.2 percent. <\/p>\n<p>Hindustan Unilever dropped 2.3 percent. The FMCG major reported a 10.7 percent increase in its consolidated net profit for the June quarter. <\/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 Soars 639 Points; Nifty Ends At 15,824<\/a><br \/>\n<br \/>2021-07-22 10:48:32<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended sharply higher on Thursday to snap a three-day losing streak, with IT and metal stocks leading the surge on hopes for economic and earnings growth. Global cues&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12096,"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-12095","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12095","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=12095"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12096"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}