{"id":37576,"date":"2023-08-17T02:32:51","date_gmt":"2023-08-17T02:32:51","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/08\/17\/sensex-nifty-likely-to-see-muted-start-on-global-cues\/"},"modified":"2023-08-17T02:32:51","modified_gmt":"2023-08-17T02:32:51","slug":"sensex-nifty-likely-to-see-muted-start-on-global-cues","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/08\/17\/sensex-nifty-likely-to-see-muted-start-on-global-cues\/","title":{"rendered":"Sensex, Nifty Likely To See Muted Start On Global Cues"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares are seen opening a tad lower on Thursday, tracking weak cues from global <span class=\"landLinks\">markets<\/span> amid signs of economic stress in China and uncertainty about the outlook for U.S. interest rates. <\/p>\n<p>Adani Group stocks could be in focus after its promoters raised around Rs. 9,000 crore by selling 8.1 percent of their holding in the energy-generation arm Adani Power.<\/p>\n<p>Benchmark indexes Sensex and Nifty reversed early losses to end modestly higher on Wednesday despite heightened risk aversion in global markets.<\/p>\n<p>Asian markets followed Wall Street lower this morning, while the dollar ticked higher against the yen on signs of a resilient U.S. <span class=\"landLinks\">economy<\/span>. <\/p>\n<p>Gold held steady under $1,900 per ounce, while oil traded flat after settling down around 2 percent on Wednesday despite bullish inventory data. <\/p>\n<p>U.S. stocks fell for a second straight session overnight while yields on longer-term Treasuries reached their highest levels since October after the latest FOMC minutes showed that Fed officials were divided over the rate hike in July and saw &#8220;significant upside risks to inflation, which could require further tightening of monetary policy.&#8221;<\/p>\n<p>In economic releases, housing starts for July showed positive momentum while U.S. industrial production returned to growth after two straight months of decline. <\/p>\n<p>The Dow dropped half a percent, the S&amp;P 500 shed 0.8 percent and the tech-heavy Nasdaq Composite lost 1.2 percent. <\/p>\n<p>European stocks ended mixed on Wednesday, as more disappointing Chinese economic data and concerns over the <span class=\"landLinks\">health<\/span> of the U.S. banking sector offset positive Eurozone GDP, industrial output and U.K. inflation readings. <\/p>\n<p>The pan European STOXX 600 closed flat with a negative bias. The German DAX edged up 0.1 percent, while France&#8217;s CAC 40 slipped 0.1 percent and the U.K.&#8217;s FTSE 100 eased 0.4 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 Likely To See Muted Start On Global Cues<\/a><br \/>\n<br \/>2023-08-17 02:32:51<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares are seen opening a tad lower on Thursday, tracking weak cues from global markets amid signs of economic stress in China and uncertainty about the outlook for U.S&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":37577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-37576","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\/37576","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=37576"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37576\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/37577"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=37576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=37576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=37576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}