{"id":41885,"date":"2023-12-18T10:35:49","date_gmt":"2023-12-18T10:35:49","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/12\/18\/sensex-nifty-end-lower-as-traders-pare-rate-cut-expectations\/"},"modified":"2023-12-18T10:35:49","modified_gmt":"2023-12-18T10:35:49","slug":"sensex-nifty-end-lower-as-traders-pare-rate-cut-expectations","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/12\/18\/sensex-nifty-end-lower-as-traders-pare-rate-cut-expectations\/","title":{"rendered":"Sensex, Nifty End Lower As Traders Pare Rate Cut Expectations"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended Monday&#8217;s session modestly lower as investors digested hawkish comments from central bank officials and looked ahead to the Bank of Japan&#8217;s interest-rate decision and a key U.S. inflation reading due this week for direction. <\/p>\n<p>Meanwhile, geopolitical worries returned to the fore after dozens of people were reportedly killed in Israeli airstrikes in a refugee camp in Jabalia in northern Gaza Sunday.<\/p>\n<p>Investors also kept a wary eye on oil price movements following recent attacks on ships crossing the Red Sea.<\/p>\n<p>The benchmark S&amp;P BSE Sensex ended the session down 68.66 points, or 0.24 percent, at 71,315.09 while the broader NSE Nifty index settled 38 points, or 0.18 percent, lower at 21,418.65.<\/p>\n<p>While banking and IT stocks fell on profit taking after recent strong gains, automakers and healthcare stocks witnessed selective buying. <\/p>\n<p>JSW Steel, ICICI Bank, Tech Mahindra, ITC and Power Grid Corp fell 1-2 percent in the Nifty pack.<\/p>\n<p>On the positive side, Reliance Industries, Adani Ports, Sun Pharma, Hindalco and Bajaj Auto rallied 1-3 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 End Lower As Traders Pare Rate Cut Expectations<\/a><br \/>\n<br \/>2023-12-18 10:35:49<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended Monday&#8217;s session modestly lower as investors digested hawkish comments from central bank officials and looked ahead to the Bank of Japan&#8217;s interest-rate decision and a key U.S&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":41886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-41885","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\/41885","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=41885"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/41885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/41886"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=41885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=41885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=41885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}