{"id":39449,"date":"2023-10-11T10:34:09","date_gmt":"2023-10-11T10:34:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/10\/11\/sensex-gains-394-points-on-firm-global-cues-nifty-tops-19800\/"},"modified":"2023-10-11T10:34:09","modified_gmt":"2023-10-11T10:34:09","slug":"sensex-gains-394-points-on-firm-global-cues-nifty-tops-19800","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/10\/11\/sensex-gains-394-points-on-firm-global-cues-nifty-tops-19800\/","title":{"rendered":"Sensex Gains 394 Points On Firm Global Cues; Nifty Tops 19,800"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended notably higher on Wednesday, with positive global cues and declining oil prices helping underpin investor sentiment. <\/p>\n<p>Crude prices were down in European trade to extend overnight losses, after having surged over 4 percent on Monday following an attack by Palestinian militants Hamas on Israel in Gaza.<\/p>\n<p>Global cues were encouraging on the back of dovish Fed talk and reports suggesting that China is considering raising its budget deficit for 2023 to help the <span class=\"landLinks\">economy<\/span> meet the government&#8217;s annual growth target.<\/p>\n<p>The benchmark S&amp;P BSE Sensex jumped 393.69 points, or 0.60 percent, to 66,473.05 while the broader NSE Nifty index closed up 121.50 points, or 0.62 percent, at 19,811.35.<\/p>\n<p>Hero MotoCorp soared more than 4 percent after CLSA upgraded its rating on the stock to &#8220;buy.&#8221;<\/p>\n<p>Wipro topped the gainers list in the IT sector, climbing 3.3 percent to Rs. 421.10 while TCS edged down slightly ahead of its Q2 earnings release due after-market hours. <\/p>\n<p>Among other prominent gainers, Reliance Industries, UltraTech Cement and Grasim rose 2-3 percent. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/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 394 Points On Firm Global Cues; Nifty Tops 19,800<\/a><br \/>\n<br \/>2023-10-11 10:34:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended notably higher on Wednesday, with positive global cues and declining oil prices helping underpin investor sentiment. Crude prices were down in European trade to extend overnight losses,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":39450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-39449","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\/39449","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=39449"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/39449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/39450"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=39449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=39449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=39449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}