{"id":12869,"date":"2021-08-13T04:35:01","date_gmt":"2021-08-13T04:35:01","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/13\/sensex-rises-250-points-in-early-trade-nifty-tops-16400\/"},"modified":"2021-08-13T04:35:01","modified_gmt":"2021-08-13T04:35:01","slug":"sensex-rises-250-points-in-early-trade-nifty-tops-16400","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/13\/sensex-rises-250-points-in-early-trade-nifty-tops-16400\/","title":{"rendered":"Sensex Rises 250 Points In Early Trade; Nifty Tops 16,400"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened on a firm note as investors cheered positive inflation and industrial output data released post-market hours Thursday.<\/p>\n<p>The benchmark 30-share BSE Sensex rose 250 points, or half a percent, to 55,095 in early trade, while the broader NSE Nifty index was up 73 points, or half a percent, at 16,437.<\/p>\n<p>Bajaj Auto, Mahindra &amp; Mahindra, Hindalco, Tata Consumer Products and BPCL climbed 1-2 percent in the Nifty pack, while drug makers such as Sun Pharma, Dr Reddy&#8217;s Laboratories and Cipla all fell about 1 percent. <\/p>\n<p>Tata Steel gained about 1 percent on posting turnaround results for the June quarter. <br \/>ONGC edged up marginally and Grasim Industries rose 0.8 percent ahead of their earnings results. <\/p>\n<p>Bharti Airtel dropped half a percent. South Korea&#8217;s Hanwha Systems invested $300 million in OneWeb, the Low Earth Orbit (LEO) satellite communications company backed by billionaire Sunil Mittal-run Bharti Group.<\/p>\n<p>Hero MotoCorp was moving lower despite reporting over four-fold jump in quarterly profit year-over-year. <\/p>\n<p>ITC rallied more than 1 percent. The company said it plans to invest around USD 2 billion as part of its &#8216;ITC Next&#8217; strategy.<\/p>\n<p>NMDC was little changed after it reported a 500 percent jump in consolidated net profit for the quarter ended June.<\/p>\n<p>Future Retail fell over 1 percent. The group&#8217;s promoters have moved the Supreme Court challenging the Delhi HC order on the Reliance-Future group deal. <\/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 Rises 250 Points In Early Trade; Nifty Tops 16,400<\/a><br \/>\n<br \/>2021-08-13 04:35:01<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a firm note as investors cheered positive inflation and industrial output data released post-market hours Thursday. The benchmark 30-share BSE Sensex rose 250 points, or half&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-12869","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12869","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=12869"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12870"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}