{"id":40292,"date":"2023-11-03T10:23:56","date_gmt":"2023-11-03T10:23:56","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/11\/03\/sensex-tops-64350-on-rate-optimism-nifty-ends-at-19230\/"},"modified":"2023-11-03T10:23:56","modified_gmt":"2023-11-03T10:23:56","slug":"sensex-tops-64350-on-rate-optimism-nifty-ends-at-19230","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/11\/03\/sensex-tops-64350-on-rate-optimism-nifty-ends-at-19230\/","title":{"rendered":"Sensex Tops 64,350 On Rate Optimism; Nifty Ends At 19,230"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares eked out modest gains on Friday to extend Thursday&#8217;s rally on optimism that major central banks including the Federal Reserve, Bank of England and the European Central Bank are nearly done with interest rate hikes.<\/p>\n<p>The upside was capped after oil prices rose sharply on Thursday amid reports that Israeli troops encircled Gaza City and that a cease-fire wasn&#8217;t on the table.<\/p>\n<p>Investors also awaited cues from the U.S. jobs report due later in the day, expected to show a slowdown in hiring for October. <\/p>\n<p>The benchmark S&amp;P BSE Sensex ended the session up 282.88 points, or 0.44 percent, at 64,363.78, reflecting improved risk sentiment globally.<\/p>\n<p>The broader NSE Nifty index settled 97.35 points, or 0.51 percent, higher at 19,230.60. <\/p>\n<p>Apollo Hospitals Enterprise topped the gainers list to surge 5.3 percent while LTIMindTree, Titan Company, Eicher Motors and Adani Ports rallied 2-3 percent. <\/p>\n<p>Bayer CropScience soared 6.5 percent after Q2 profit grew 37 percent to beat estimates. <\/p>\n<p>Raymond gained 2.7 percent after it announced the acquisition of 59.25 percent stake in Maini Precision Products (MPPL) for Rs 682 crore funded by a mix of debt and internal accruals.<\/p>\n<p>Bajaj FinServ led losses to close 2.8 percent lower, followed by SBI Life, Dr Reddy&#8217;s Laboratories, IndusInd Bank and Bajaj Finance. <\/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 Tops 64,350 On Rate Optimism; Nifty Ends At 19,230<\/a><br \/>\n<br \/>2023-11-03 10:23:56<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares eked out modest gains on Friday to extend Thursday&#8217;s rally on optimism that major central banks including the Federal Reserve, Bank of England and the European Central Bank&#8230;<\/p>\n","protected":false},"author":2,"featured_media":40293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-40292","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/40292","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=40292"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/40292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/40293"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=40292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=40292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=40292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}