{"id":24327,"date":"2022-08-01T10:27:25","date_gmt":"2022-08-01T10:27:25","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/08\/01\/sensex-soars-545-points-nifty-ends-at-17340\/"},"modified":"2022-08-01T10:27:25","modified_gmt":"2022-08-01T10:27:25","slug":"sensex-soars-545-points-nifty-ends-at-17340","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/08\/01\/sensex-soars-545-points-nifty-ends-at-17340\/","title":{"rendered":"Sensex Soars 545 Points; Nifty Ends At 17,340"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares rose sharply on Monday, mirroring positive global cues amid expectations that rate hikes by the U.S. Federal Reserve may moderate over time.<\/p>\n<p>Strong economic data on the domestic front, falling oil prices and the rupee&#8217;s rebound on the back of a weakening dollar in international <span class=\"landLinks\">markets<\/span> also buoyed investor sentiment.<\/p>\n<p>India&#8217;s manufacturing activity expanded at the fastest pace in eight months in July, driven by significant growth in output and new orders, survey results from S&amp;P Global showed earlier today. <\/p>\n<p>That was in contrast to weak manufacturing data reported elsewhere across Asia and Europe. <\/p>\n<p>GST collections for July remained above Rs.1.4 lakh crore for the fifth straight month in July and monthly automobile sales showed a sharp rise in July, adding to optimism about India&#8217;s growth story. <\/p>\n<p>The benchmark S&amp;P BSE Sensex rallied 545.25 points, or 0.95 percent, to settle at 58,115.50 while the broader NSE Nifty index closed up 181.80 points, or 1.06 percent, at 17,340.05.<\/p>\n<p>ONGC, Bharti Airtel, Adani Ports, Mahindra &amp; Mahindra and Tata Motors jumped 3-7 percent in the Nifty pack, while Sun Pharma led losses to close 2.9 percent lower despite reporting healthy Q1 results. <\/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 Soars 545 Points; Nifty Ends At 17,340<\/a><br \/>\n<br \/>2022-08-01 10:27:25<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rose sharply on Monday, mirroring positive global cues amid expectations that rate hikes by the U.S. Federal Reserve may moderate over time. Strong economic data on the domestic&#8230;<\/p>\n","protected":false},"author":2,"featured_media":24328,"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-24327","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/24327","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=24327"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/24327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/24328"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=24327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=24327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=24327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}