{"id":42404,"date":"2024-01-04T10:41:55","date_gmt":"2024-01-04T10:41:55","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/01\/04\/sensex-nifty-snap-two-day-losing-streak-2\/"},"modified":"2024-01-04T10:41:55","modified_gmt":"2024-01-04T10:41:55","slug":"sensex-nifty-snap-two-day-losing-streak-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/01\/04\/sensex-nifty-snap-two-day-losing-streak-2\/","title":{"rendered":"Sensex, Nifty Snap Two-day Losing Streak"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares rose notably on Thursday following two consecutive sessions of declines. <\/p>\n<p>Despite a hawkish update from the Fed, investors remained hopeful that the U.S. central bank will likely initiate rate cuts as early as March this year.<\/p>\n<p>The benchmark S&amp;P BSE Sensex jumped 490.97 points, or 0.69 percent, to 71,847.57, snapping a two-day losing streak as investors looked ahead to the release of corporate earnings results for the October-December quarter. <\/p>\n<p>The broader NSE Nifty index settled 141.25 points, or 0.66 percent, higher at 21,658.60. <\/p>\n<p>IndusInd Bank, ONGC, NTPC, Tata Consumer Products and Bajaj Finance jumped 3-4 percent in the Nifty pack, while Hero MotoCorp, HCL Technologies, LTIMindTree, BPCL and Dr Reddy&#8217;s Laboratories fell 1-2 percent.  <\/p>\n<p>BEML rallied 3.2 percent and Jupiter Wagons soared 5 percent after winning contracts worth Rs 802 crore for procurement of military equipment from the Defense Ministry. <\/p>\n<p>Property developers were on a roll, with Sobha rallying nearly 16 percent after Motilal Oswal Financial Services said the stock is one of its top picks for 2024. <\/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 Snap Two-day Losing Streak<\/a><br \/>\n<br \/>2024-01-04 10:41:55<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rose notably on Thursday following two consecutive sessions of declines. Despite a hawkish update from the Fed, investors remained hopeful that the U.S. central bank will likely initiate&#8230;<\/p>\n","protected":false},"author":2,"featured_media":42405,"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-42404","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/42404","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=42404"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/42404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/42405"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=42404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=42404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=42404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}