{"id":31197,"date":"2023-02-14T10:25:51","date_gmt":"2023-02-14T10:25:51","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/02\/14\/sensex-nifty-rally-on-strong-global-cues\/"},"modified":"2023-02-14T10:25:51","modified_gmt":"2023-02-14T10:25:51","slug":"sensex-nifty-rally-on-strong-global-cues","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/02\/14\/sensex-nifty-rally-on-strong-global-cues\/","title":{"rendered":"Sensex, Nifty Rally On Strong Global Cues"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares rose sharply on Tuesday after two consecutive sessions of losses.<\/p>\n<p>Positive global cues helped underpin investor sentiment as investors pinned hopes that key U.S. inflation data for January due later in the day will show downward pressure on prices year-on-year.<\/p>\n<p>Gains in rupee on the back of a weaker dollar in overseas <span class=\"landLinks\">markets<\/span> and falling oil prices after additional U.S. crude reserve release announcement also offered some support, helping key benchmark indexes finish near their day&#8217;s highs. <\/p>\n<p>Domestic inflation data proved to be a mixed bag, with retail inflation hitting a three-month high in January, while wholesale inflation dipped to a two-year low in the month &#8211; separate reports showed. <\/p>\n<p>The benchmark S&amp;P\/BSE Sensex jumped 600.42 points, or 0.99 percent, to 61,032.26, while the broader NSE Nifty index settled 158.95 points, or 0.89 percent, higher at 17,929.85.<\/p>\n<p>IT stocks saw broad-based gains, with Infosys, Wipro, HCL Technologies and Tech Mahindra all rising around 1 percent. <\/p>\n<p>Reliance Industries, ITC and UPL climbed 2-4 percent. <\/p>\n<p>Adani Enterprises gained 1.9 percent after it swung to a Q3 profit from a loss in the year-ago period. Group firm Adani Ports also added 1.9 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 Rally On Strong Global Cues<\/a><br \/>\n<br \/>2023-02-14 10:25:51<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rose sharply on Tuesday after two consecutive sessions of losses. Positive global cues helped underpin investor sentiment as investors pinned hopes that key U.S. inflation data for January&#8230;<\/p>\n","protected":false},"author":2,"featured_media":31198,"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-31197","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/31197","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=31197"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/31197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/31198"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=31197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=31197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=31197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}