{"id":23383,"date":"2022-06-30T02:50:21","date_gmt":"2022-06-30T02:50:21","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/06\/30\/sensex-nifty-seen-flat-to-slightly-lower\/"},"modified":"2022-06-30T02:50:21","modified_gmt":"2022-06-30T02:50:21","slug":"sensex-nifty-seen-flat-to-slightly-lower","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/06\/30\/sensex-nifty-seen-flat-to-slightly-lower\/","title":{"rendered":"Sensex, Nifty Seen Flat To Slightly Lower"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares are seen opening flat to slightly lower on Thursday, tracking a weak trend in global <span class=\"landLinks\">markets<\/span> as fears over an economic slowdown escalated. Trading may turn later volatile later in the day ahead of the monthly expiry of derivative contracts. <\/p>\n<p>Benchmark indexes Sensex and the Nifty ended modestly lower on Wednesday to snap a four-day winning streak, while the rupee touched record lows for a second straight session despite central bank intervention.<\/p>\n<p>Asian markets traded mostly lower this morning, though Chinese and Hong Kong stocks edged higher after China&#8217;s headline manufacturing and services PMIs for June showed improved performance compared to May. <\/p>\n<p>Th dollar held gains on inflation fears while gold firmed up on lower Treasury yields. Oil held steady near $110 a barrel after declining about 2 percent on Wednesday.<\/p>\n<p>U.S. stocks fluctuated before closing mixed overnight and bond yields tumbled as Fed Chair Jerome Powell reiterated his hawkish stance on fighting inflation and cautioned there&#8217;s no guarantee the Fed can engineer a &#8220;soft landing.&#8221;<\/p>\n<p>Investors also digested data showing that U.S. GDP shrank at an annual pace of 1.6 percent in the first quarter, slightly more than earlier estimates.<\/p>\n<p>The Dow edged up 0.3 percent while the tech-heavy Nasdaq Composite and the S&amp;P 500 finished marginally lower. <\/p>\n<p>European stocks fell on Wednesday on recession worries as ECB President Christine Lagarde and Bank of England governor Andrew Bailey stuck to their hawkish stance. <\/p>\n<p>The pan European Stoxx 600 declined 0.7 percent. The German DAX plunged 1.7 percent, France&#8217;s CAC 40 index shed 0.9 percent and the U.K.&#8217;s FTSE 100 slipped 0.2 percent. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/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 Flat To Slightly Lower<\/a><br \/>\n<br \/>2022-06-30 02:50:21<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares are seen opening flat to slightly lower on Thursday, tracking a weak trend in global markets as fears over an economic slowdown escalated. Trading may turn later volatile&#8230;<\/p>\n","protected":false},"author":2,"featured_media":23384,"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-23383","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/23383","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=23383"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/23383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/23384"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=23383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=23383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=23383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}