{"id":36953,"date":"2023-07-31T10:23:34","date_gmt":"2023-07-31T10:23:34","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/07\/31\/sensex-nifty-erase-early-losses-to-end-higher\/"},"modified":"2023-07-31T10:23:34","modified_gmt":"2023-07-31T10:23:34","slug":"sensex-nifty-erase-early-losses-to-end-higher","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/07\/31\/sensex-nifty-erase-early-losses-to-end-higher\/","title":{"rendered":"Sensex, Nifty Erase Early Losses To End Higher"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares recovered from an early slide to end higher on Monday, with IT and metal stocks leading the surge. <\/p>\n<p>IT stocks posted strong gains as signs of easing inflation in the U.S. and Europe raised hopes that major central banks are approaching the end of tightening cycles.<\/p>\n<p>Metal stocks benefited from China stimulus optimism after the country&#8217;s State Council announced further measures to bolster consumption.<\/p>\n<p>The benchmark S&amp;P BSE Sensex ended the session up 367.47 points, or 0.56 percent, at 66,527.67 while the broader NSE Nifty index settled 107.75 points, or 0.55 percent, higher at 19,753.80.<\/p>\n<p>Tech Mahindra, Adani Ports, ONGC, Power Grid Corp and NTPC jumped 3-4 percent in the Nifty pack, while Apollo Hospitals Enterprise led loses to close 3 percent lower. <\/p>\n<p>Kotak Mahindra Bank, Bajaj Finance, HDFC Life and Britannia Industries fell 1-2 percent. <\/p>\n<p>Welspun India soared 9 percent after reporting its June quarter results. <br \/>Mishra Dhatu Nigam rallied 7 percent after bagging new orders worth Rs 178.54 crore. <\/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 Erase Early Losses To End Higher<\/a><br \/>\n<br \/>2023-07-31 10:23:34<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares recovered from an early slide to end higher on Monday, with IT and metal stocks leading the surge. IT stocks posted strong gains as signs of easing inflation&#8230;<\/p>\n","protected":false},"author":2,"featured_media":36954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-36953","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asian-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/36953","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=36953"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/36953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/36954"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=36953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=36953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=36953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}