{"id":25678,"date":"2022-09-09T04:25:49","date_gmt":"2022-09-09T04:25:49","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/09\/09\/indian-shares-follow-global-peers-higher\/"},"modified":"2022-09-09T04:25:49","modified_gmt":"2022-09-09T04:25:49","slug":"indian-shares-follow-global-peers-higher","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/09\/09\/indian-shares-follow-global-peers-higher\/","title":{"rendered":"Indian Shares Follow Global Peers Higher"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares followed global peers higher on Friday as U.S. Federal Reserve Chair Jerome Powell reiterated the central bank&#8217;s commitment to tame inflation.<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex rose nearly 300 points, or half a percent, to 59,984 in early trade, while the broader NSE Nifty index was up 92 points, or half a percent, at 17,891.<\/p>\n<p>Among the top gainers, Adani Ports, Hindalco, Shree Cement, UPL and IndusInd Bank rallied 2-3 percent. <\/p>\n<p>Mahindra &amp; Mahindra was little changed after unveiling its first electric sports utility vehicle &#8212; XUV 400.<\/p>\n<p>Vodafone Idea gained 1.7 percent on reports that the government will acquire a stake in the debt-ridden telecom company after the stock price stabilizes at Rs.10 or above.<\/p>\n<p>HDFC Bank edged up slightly after raising Rs 3,000 crore from bonds.<\/p>\n<p>Tata Power rose half a percent. Tata Power Renewable Energy said it would set up a 100 MW solar power plant for Viraj Profile in Maharashtra. <\/p>\n<p>Reliance Power slumped 6 percent after its board cleared a proposal to issue up to 60 crore equity shares and\/or warrants at an issue price of Rs 15.55 per share.<\/p>\n<p>NTPC rose over 1 percent on reports it has signed a pact with the armed forces to supply renewable energy power. <\/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 \/>Indian Shares Follow Global Peers Higher<\/a><br \/>\n<br \/>2022-09-09 04:25:49<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares followed global peers higher on Friday as U.S. Federal Reserve Chair Jerome Powell reiterated the central bank&#8217;s commitment to tame inflation. The benchmark S&amp;P\/BSE Sensex rose nearly 300&#8230;<\/p>\n","protected":false},"author":2,"featured_media":25679,"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-25678","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25678","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=25678"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/25678\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/25679"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=25678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=25678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=25678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}