{"id":13228,"date":"2021-08-24T02:58:20","date_gmt":"2021-08-24T02:58:20","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/24\/sensex-nifty-seen-higher-on-firm-global-cues\/"},"modified":"2021-08-24T02:58:20","modified_gmt":"2021-08-24T02:58:20","slug":"sensex-nifty-seen-higher-on-firm-global-cues","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/24\/sensex-nifty-seen-higher-on-firm-global-cues\/","title":{"rendered":"Sensex, Nifty Seen Higher On Firm Global Cues"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares look set to open higher Tuesday on the back of positive global cues and optimism over economic growth amid the easing of COVID-19 related restrictions by the states. <\/p>\n<p>The unlocking in the country has manifested itself in improving performance across various high frequency industrial and service sector indicators, mobility and toll collections in July 2021, according to a report by ICRA Ratings. <\/p>\n<p>Benchmark indexes Sensex and the Nifty eked out modest gains on Monday while the rupee surged 17 paise to close at 74.22 against the dollar. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> rose this morning after China&#8217;s central bank called for more credit support to the real <span class=\"landLinks\">economy<\/span>, especially small, medium and micro enterprises.<\/p>\n<p>Treasuries were little changed and the dollar held a drop ahead of the Jackson Hole symposium, while oil steadied after climbing the most in nine months overnight.<\/p>\n<p>Gold traded above the key $1,800 psychological level, boosted by the weaker dollar while Bitcoin hovered near $49,000.<\/p>\n<p>U.S. stocks ended on a firm note overnight as commodity prices recovered and regulators granted full approval for the Pfizer-BioNTech <span class=\"landLinks\">coronavirus<\/span> vaccine. <\/p>\n<p>Economic data proved to be a mixed bag, with July home sales beating forecasts while growth at U.S. services and factories slowed to an eight-month low.<\/p>\n<p>The Dow rose 0.6 percent, the S&amp;P 500 climbed 0.9 percent and the-heavy Nasdaq Composite rallied 1.6 percent. <\/p>\n<p>European stocks recovered from their biggest weekly loss in nearly six months on Monday after the release of strong Eurozone economic data. <\/p>\n<p>The pan European Stoxx 600 advanced 0.7 percent. The German DAX and the U.K.&#8217;s FTSE 100 both edged up around 0.3 percent, while France&#8217;s CAC 40 index gained 0.9 percent. <\/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 Seen Higher On Firm Global Cues<\/a><br \/>\n<br \/>2021-08-24 02:58:20<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares look set to open higher Tuesday on the back of positive global cues and optimism over economic growth amid the easing of COVID-19 related restrictions by the states&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":13229,"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-13228","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13228","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=13228"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13228\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13229"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}