{"id":22495,"date":"2022-06-06T10:53:43","date_gmt":"2022-06-06T10:53:43","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/06\/06\/sensex-nifty-end-choppy-session-slightly-lower-3\/"},"modified":"2022-06-06T10:53:43","modified_gmt":"2022-06-06T10:53:43","slug":"sensex-nifty-end-choppy-session-slightly-lower-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/06\/06\/sensex-nifty-end-choppy-session-slightly-lower-3\/","title":{"rendered":"Sensex, Nifty End Choppy Session Slightly Lower"},"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 slightly lower on Monday as traders looked ahead to the European Central Bank meeting and the U.S. inflation report due this week for directional cues. <\/p>\n<p>The downside was capped by positive global cues, as investors reacted to reports of possible U.S. tariff cut on China&#8217;s goods, loosening of Covid-19 restrictions in Beijing and improved Caixin Services PMI data for May from China.<\/p>\n<p>Closer home, the RBI delivers its rate decision on June 8, with the central bank expected to announce another 40-basis points rate hike amid rising inflationary pressures in the <span class=\"landLinks\">economy<\/span>.<\/p>\n<p>The central bank is also expected to revise upward the inflation trajectory by 70-80 bps accounting for the upside price pressures.<\/p>\n<p>The benchmark S&amp;P BSE Sensex slipped 93.91 points, or 0.17 percent, to 55,675.32 while the broader NSE Nifty index ended the session down 14.75 points, or 0.09 percent, at 16,569.55.<\/p>\n<p>Hero MotoCorp, UltraTech Cement, Asian Paints, BPCL and Shree Cement fell 2-3 percent while Bajaj Auto surged as much as 4 percent after the two-wheeler manufacturer released positive sales data for May 2022.<\/p>\n<p>Apollo Hospitals Enterprise, ONGC, Tata Consumer Products and JSW Steel climbed 2-3 percent. <\/p>\n<p>Oil India soared 12.5 percent after an analyst meet. <\/p>\n<p>IDBI Bank advanced 1.7 percent amid reports that India-born Canadian billionaire Prem Watsa is keen on taking a controlling stake in the bank.<\/p>\n<p>LIC shares tumbled 3 percent to a record low, extending losses for the fifth straight session. <\/p>\n<\/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 End Choppy Session Slightly Lower<\/a><br \/>\n<br \/>2022-06-06 10:53:43<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended a choppy session slightly lower on Monday as traders looked ahead to the European Central Bank meeting and the U.S. inflation report due this week for directional&#8230;<\/p>\n","protected":false},"author":2,"featured_media":22496,"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-22495","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/22495","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=22495"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/22495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/22496"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=22495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=22495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=22495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}