{"id":23486,"date":"2022-07-04T10:30:06","date_gmt":"2022-07-04T10:30:06","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/07\/04\/sensex-nifty-end-choppy-session-higher-5\/"},"modified":"2022-07-04T10:30:06","modified_gmt":"2022-07-04T10:30:06","slug":"sensex-nifty-end-choppy-session-higher-5","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/07\/04\/sensex-nifty-end-choppy-session-higher-5\/","title":{"rendered":"Sensex, Nifty End Choppy Session Higher"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares reversed an early slide to end notably higher on Monday, supported by steady buying in banking and FMCG stocks. <\/p>\n<p>Metal and oil &amp; gas stocks underperformed on concerns over slowing global growth and in response to the new export taxes\/restrictions and windfall taxes on oil producers.<\/p>\n<p>Global cues were mixed, with other Asian <span class=\"landLinks\">markets<\/span> closing on a mixed note on worries about rising COID-19 cases in several eastern Chinese areas while European markets started the week on a positive note amid the Independence Day holiday in the United States. <\/p>\n<p>Closer home, the benchmark S&amp;P BSE Sensex fluctuated before closing up 326.84 points, or 0.62 percent, at 53,234.77. The broader NSE Nifty index rose 83.30 points, or 0.53 percent, to settle at 15,835.35.<\/p>\n<p>FMCG stocks topped the gainers list on expectations that the recent fall in raw material prices will boost their profit margins. ITC, Britannia and Hindustan Unilever jumped 3-4 percent.<\/p>\n<p>IndusInd Bank climbed 3.1 percent after a strong Q1 <span class=\"landLinks\">business<\/span> update. Rival ICICI Bank advanced 2.4 percent. <\/p>\n<p>On the flip side, Cipla, JSW Steel, Tata Steel, TCS and ONGC fell 2-4 percent. <\/p>\n<p>IndiaMART fell about 1 percent to hit a 52-week low on concerns of weak earnings. <\/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 End Choppy Session Higher<\/a><br \/>\n<br \/>2022-07-04 10:30:06<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares reversed an early slide to end notably higher on Monday, supported by steady buying in banking and FMCG stocks. Metal and oil &amp; gas stocks underperformed on concerns&#8230;<\/p>\n","protected":false},"author":2,"featured_media":23487,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-23486","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/23486","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=23486"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/23486\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/23487"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=23486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=23486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=23486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}