{"id":22161,"date":"2022-05-26T10:25:00","date_gmt":"2022-05-26T10:25:00","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/05\/26\/sensex-nifty-rebound-amid-fo-expiry\/"},"modified":"2022-05-26T10:25:00","modified_gmt":"2022-05-26T10:25:00","slug":"sensex-nifty-rebound-amid-fo-expiry","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/05\/26\/sensex-nifty-rebound-amid-fo-expiry\/","title":{"rendered":"Sensex, Nifty Rebound Amid F&#038;O Expiry"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended a choppy session sharply higher on Thursday despite Moody&#8217;s Investors Service downgrading India&#8217;s GDP growth forecast to 8.8 percent for 2022 from 9.1 percent projected earlier, citing high inflation.<\/p>\n<p>Separately, SBI&#8217;s research report Ecowrap, in its latest edition, projected India&#8217;s GDP growth for FY22 to be at 8.2-8.5 percent. The government is scheduled to release Q4 FY22 GDP numbers on 31 May.<\/p>\n<p>The benchmark S&amp;P BSE Sensex jumped 503.27 points, or 0.94 percent, to 54,252.53, snapping a three-day losing streak. <\/p>\n<p>The broader NSE Nifty index closed up 144.35 points, or 0.90 percent, at 16,170.15 as the latest FOMC meeting minutes offered few surprises.<\/p>\n<p>The minutes indicated 50 basis point rate hikes in June and July to tame inflation while allowing Fed officials room for flexibility later in the year.<\/p>\n<p>Financial, IT and metal shares topped the gainers list on eve of F&amp;O expiry. <\/p>\n<p>HDFC Bank, SBI, JSW Steel, Apollo Hospital Enterprises and Tata Steel climbed 3-5 percent in the Nifty pack, while Reliance Industries, Sun Pharma, Divis Laboratories and UPL dropped 1-2 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 Rebound Amid F&#038;O Expiry<\/a><br \/>\n<br \/>2022-05-26 10:25:00<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended a choppy session sharply higher on Thursday despite Moody&#8217;s Investors Service downgrading India&#8217;s GDP growth forecast to 8.8 percent for 2022 from 9.1 percent projected earlier, citing&#8230;<\/p>\n","protected":false},"author":2,"featured_media":22162,"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-22161","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/22161","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=22161"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/22161\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/22162"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=22161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=22161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=22161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}