{"id":12332,"date":"2021-07-29T10:47:34","date_gmt":"2021-07-29T10:47:34","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/29\/sensex-nifty-snap-three-day-losing-streak\/"},"modified":"2021-07-29T10:47:34","modified_gmt":"2021-07-29T10:47:34","slug":"sensex-nifty-snap-three-day-losing-streak","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/29\/sensex-nifty-snap-three-day-losing-streak\/","title":{"rendered":"Sensex, Nifty Snap Three-day Losing Streak"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended a range-bound session modestly higher on Thursday, with metal  companies and financials leading the surge.<\/p>\n<p>Positive global cues helped underpin sentiment after Fed Chair Jerome Powell said that the <span class=\"landLinks\">economy<\/span> is &#8220;still a ways off&#8221; from reaching a standard of &#8220;substantial further progress&#8221; to withdraw stimulus measures.<\/p>\n<p>The benchmark 30-share BSE Sensex ended the session up 209.36 points, or 0.40 percent, at 52,653.07, snapping its three-day losing run. <\/p>\n<p>The broader NSE Nifty index rose by 69.05 points, or 0.44 percent, to 15,778.45 as futures and option contracts for the month of July expired.<\/p>\n<p>Hindalco shares soared as much as 10.2 percent amid improved <span class=\"landLinks\">business<\/span> outlook for the sector. <\/p>\n<p>Tata Steel stock price hit a 52-week high before ending 6.8 percent higher at Rs. 1,458 on the NSE. <\/p>\n<p>JSW Steel, Bajaj FinServ and SBI rallied 3-4 percent while Maruti Suzuki India fell 2.3 percent after reporting lower-than-expected quarterly profit.<\/p>\n<p>Coal India, ITC, Bajaj Auto and Power Grid Corp dropped 1-2 percent. <\/p>\n<p>Tejas Networks jumped 5 percent after an announcement that an arm of Tara Sons will acquire a controlling stake in the telecom and network firm. <\/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 Snap Three-day Losing Streak<\/a><br \/>\n<br \/>2021-07-29 10:47:34<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended a range-bound session modestly higher on Thursday, with metal companies and financials leading the surge. Positive global cues helped underpin sentiment after Fed Chair Jerome Powell said&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12333,"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-12332","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12332","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=12332"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12333"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}