{"id":35868,"date":"2023-06-28T04:26:51","date_gmt":"2023-06-28T04:26:51","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/06\/28\/sensex-nifty-open-higher-as-us-recession-worries-ease\/"},"modified":"2023-06-28T04:26:51","modified_gmt":"2023-06-28T04:26:51","slug":"sensex-nifty-open-higher-as-us-recession-worries-ease","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/06\/28\/sensex-nifty-open-higher-as-us-recession-worries-ease\/","title":{"rendered":"Sensex, Nifty Open Higher As US Recession Worries Ease"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened on a positive note Wednesday, tracking firm cues from global <span class=\"landLinks\">markets<\/span> as upbeat U.S. economic data helped ease investor concerns about an impending recession.<\/p>\n<p>The benchmark S&amp;P BSE Sensex was up 193 points, or 0.3 percent, at 63,609 in early trade, while the broader NSE Nifty index was up 61 points, or 0.3 percent, at 18,878.<\/p>\n<p>HDFC was marginally lower while HDFC Bank rose half a percent. According to media reports, the merger between HDFC twins is expected to be completed by July 1.<\/p>\n<p>State Bank of India gained about 1 percent on news it would acquire the entire 20 percent stake held by SBI Capital Markets in SBI Pension Funds. <\/p>\n<p>HDFC Life declined 1.3 percent, a day after HDFC purchased 1.5 crore shares of the company for Rs. 992.6 crore through a bulk deal on the NSE. <\/p>\n<p>Titagarh Rail Systems rallied 2 percent on bagging an order worth about Rs. 857 crore from the Gujarat Metro Rail Corporation.<\/p>\n<p>Lupin added 1 percent on reports that it may spin off its API <span class=\"landLinks\">business<\/span>. <\/p>\n<p>IDFC First Bank dropped half a percent after raising Rs. 1,500 crore from tier-2 bonds. <\/p>\n<\/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 Open Higher As US Recession Worries Ease<\/a><br \/>\n<br \/>2023-06-28 04:26:51<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a positive note Wednesday, tracking firm cues from global markets as upbeat U.S. economic data helped ease investor concerns about an impending recession. The benchmark S&amp;P&#8230;<\/p>\n","protected":false},"author":2,"featured_media":35869,"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-35868","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/35868","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=35868"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/35868\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/35869"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=35868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=35868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=35868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}