{"id":38481,"date":"2023-09-13T10:23:20","date_gmt":"2023-09-13T10:23:20","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/09\/13\/sensex-gains-246-points-nifty-ends-above-20000-for-first-time\/"},"modified":"2023-09-13T10:23:20","modified_gmt":"2023-09-13T10:23:20","slug":"sensex-gains-246-points-nifty-ends-above-20000-for-first-time","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/09\/13\/sensex-gains-246-points-nifty-ends-above-20000-for-first-time\/","title":{"rendered":"Sensex Gains 246 Points; Nifty Ends Above 20,000 For First Time"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares eked out modest gains on Wednesday on the back of encouraging inflation and industrial output data released the day before.<\/p>\n<p>India&#8217;s consumer price inflation eased more than expected in August, while industrial production hit a five-month high in July underpinned by robust growth in mining and electricity, separate set of data showed.<\/p>\n<p>After a muted start, the benchmark S&amp;P BSE Sensex picked up momentum to end the session up 245.86 points, or 0.37 percent, at 67,466.99.<\/p>\n<p>The broader NSE Nifty index settled 76.80 points, or 0.38 percent, higher at 20,070 &#8211; closing above 20,000 for the first time ever.<\/p>\n<p>Titan Company, Bharti Airtel, Tata Consumer Products, Grasim and Coal India jumped 2-3 percent in the Nifty pack while Cipla, Larsen &amp; Toubro, Adani Ports, Mahindra &amp; Mahindra and HDFC Life all fell over 1 percent. <\/p>\n<p>Global cues were sluggish as investors awaited key U.S. inflation data later in the day that could influence the outlook for interest rates. <\/p>\n<p>It is feared that upside risks to inflation from rising crude oil prices could elevate the likelihood of a final interest rate hike from the Fed.<\/p>\n<p>Crude prices traded higher near 10-month highs in European trade, drawing support from upbeat outlooks published by OPEC and the EIA. <\/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 Gains 246 Points; Nifty Ends Above 20,000 For First Time<\/a><br \/>\n<br \/>2023-09-13 10:23:20<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares eked out modest gains on Wednesday on the back of encouraging inflation and industrial output data released the day before. India&#8217;s consumer price inflation eased more than expected&#8230;<\/p>\n","protected":false},"author":2,"featured_media":38482,"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-38481","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/38481","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=38481"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/38481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/38482"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=38481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=38481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=38481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}