{"id":13176,"date":"2021-08-23T10:43:03","date_gmt":"2021-08-23T10:43:03","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/23\/sensex-rises-226-points-nifty-ends-at-16496\/"},"modified":"2021-08-23T10:43:03","modified_gmt":"2021-08-23T10:43:03","slug":"sensex-rises-226-points-nifty-ends-at-16496","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/23\/sensex-rises-226-points-nifty-ends-at-16496\/","title":{"rendered":"Sensex Rises 226 Points; Nifty Ends At 16,496"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares rose on Monday, tracking firm global <span class=\"landLinks\">markets<\/span> as some of the recent weakness in commodities abated despite persistent worries about the COVID-19 Delta variant hampering economic growth.<\/p>\n<p>Chinese <span class=\"landLinks\">technology<\/span> stocks rebounded from a prolonged selloff and Euro-area purchasing managers&#8217; indexes signaled a strong recovery, helping lift risk appetite in global markets.<\/p>\n<p>The benchmark 30-share BSE Sensex rose 226.47 points, or 0.41 percent, to 55,555.79 while the broader NSE Nifty index ended the session up 45.95 points, or 0.28 percent, at 16,496.45.<\/p>\n<p>The rupee surged 17 paise to 74.22, tracking the dollar&#8217;s weakness in overseas markets after Dallas Fed President Robert Kaplan on Friday said he might reconsider the need for an early start to tapering if the virus harms the <span class=\"landLinks\">economy<\/span>.<\/p>\n<p>Investors look ahead to the Jackson Hole symposium Thursday for additional insights about the Fed&#8217;s taper talks.<\/p>\n<p>IT stocks were in focus today, with HCL Technologies climbing 4.3 percent after the company said it has signed a contract with German reinsurance group Munich Re to create a next-generation digital workplace for its workforce.<\/p>\n<p>ONGC, Bajaj FinServ, Nestle India and TCS all rose about 2 percent, while automakers declined for the sixth day running. Bajaj Auto, Eicher Motors and Mahindra &amp; Mahindra all fell over 2 percent. <\/p>\n<p>Adani Total Gas jumped 5 percent after buying a 50 percent stake in a gas meter manufacturing firm.<\/p>\n<p>Arvind Fashions surged 10.2 percent to hit a 52-week high. The casual and denim manufacturer said it has raised Rs 439 crore from various marquee investors including promoters. <\/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 226 Points; Nifty Ends At 16,496<\/a><br \/>\n<br \/>2021-08-23 10:43:03<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rose on Monday, tracking firm global markets as some of the recent weakness in commodities abated despite persistent worries about the COVID-19 Delta variant hampering economic growth. Chinese&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13177,"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-13176","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13176","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=13176"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13177"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}