{"id":25083,"date":"2022-08-23T10:30:05","date_gmt":"2022-08-23T10:30:05","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/08\/23\/sensex-nifty-end-choppy-session-higher-it-stocks-bleed\/"},"modified":"2022-08-23T10:30:05","modified_gmt":"2022-08-23T10:30:05","slug":"sensex-nifty-end-choppy-session-higher-it-stocks-bleed","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/08\/23\/sensex-nifty-end-choppy-session-higher-it-stocks-bleed\/","title":{"rendered":"Sensex, Nifty End Choppy Session Higher; IT Stocks Bleed"},"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 modestly higher on Tuesday, tracking gains in European <span class=\"landLinks\">markets<\/span> and the U.S. equity futures. <\/p>\n<p>While a slight pullback in the dollar index offered some support, rising oil prices served to keep underlying sentiment cautious. <\/p>\n<p>Oil prices were up nearly 2 percent in European trade after Saudi Arabia warned that OPEC could cut output to correct the recent oil price fall.<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex gyrated 1,027 points during the day before settling at 59,031.30, up 257.43 points, or 0.44 percent, from its previous close. <\/p>\n<p>The broader NSE Nifty index closed up 86.80 points, or half a percent, at 17,577.50, after having hit a high of 17,625.55 and a low of 17,345.20 earlier. <\/p>\n<p>Among the top gainers, Tata Steel, Titan Company, Bajaj FinServ, Eicher Motors and Mahindra &amp; Mahindra climbed 3-4 percent. <\/p>\n<p>IT stocks were hit hard due to concerns over rising Treasury yields and pressure on operating margins. HCL Technologies, TCS and Infosys fell 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 End Choppy Session Higher; IT Stocks Bleed<\/a><br \/>\n<br \/>2022-08-23 10:30:05<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended a choppy session modestly higher on Tuesday, tracking gains in European markets and the U.S. equity futures. While a slight pullback in the dollar index offered some&#8230;<\/p>\n","protected":false},"author":2,"featured_media":25084,"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-25083","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25083","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=25083"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/25084"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=25083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=25083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=25083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}