{"id":12442,"date":"2021-08-02T03:03:11","date_gmt":"2021-08-02T03:03:11","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/02\/sensex-nifty-set-for-positive-open\/"},"modified":"2021-08-02T03:03:11","modified_gmt":"2021-08-02T03:03:11","slug":"sensex-nifty-set-for-positive-open","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/02\/sensex-nifty-set-for-positive-open\/","title":{"rendered":"Sensex, Nifty Set For Positive Open"},"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 look set to open higher on Monday as automakers reported a healthy growth in wholesale numbers in July and goods and services tax (GST) collections came in at an impressive Rs 1.16 lakh crore in the month to hit a three-month high. <\/p>\n<p>The release of macroeconomic data, quarterly earnings and the Reserve Bank of India&#8217;s interest rate decision may sway sentiment as the week progresses. <\/p>\n<p>HDFC, Punjab National Bank and RBL Bank are among the prominent companies due to unveil their quarterly earnings results later today.<\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> rose broadly this morning as some of the concerns over COVID-19 reopening disruption and China&#8217;s regulatory crackdown eased.<\/p>\n<p>Japan&#8217;s factory output growth picked up in July due to a stronger expansion of output and new orders, while China&#8217;s factory activity expanded at a slower pace in the month, separate reports showed. <\/p>\n<p>U.S. stocks fell on Friday, with concerns over China&#8217;s clampdown on <span class=\"landLinks\">technology<\/span> businesses, disappointing results from Amazon and renewed worries about a rise of cases of the Delta variant coronavirus weighing on markets. <\/p>\n<p>The Dow dropped 0.4 percent, the tech-heavy Nasdaq Composite shed 0.7 percent and the S&amp;P 500 eased half a percent. <\/p>\n<p>European stocks also ended lower on Friday as concerns about China&#8217;s policy risks overshadowed data showing a fairly strong rebound in euro area economic growth in the second quarter.<\/p>\n<p>The pan European Stoxx 600 declined half a percent. The German DAX slid 0.6 percent, France&#8217;s CAC 40 index slipped 0.3 percent and the U.K.&#8217;s FTSE 100 gave up 0.7 percent. <\/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 Set For Positive Open<\/a><br \/>\n<br \/>2021-08-02 03:03:11<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares look set to open higher on Monday as automakers reported a healthy growth in wholesale numbers in July and goods and services tax (GST) collections came in at&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12443,"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-12442","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12442","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=12442"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12442\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12443"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}