{"id":43007,"date":"2024-01-24T10:38:11","date_gmt":"2024-01-24T10:38:11","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/01\/24\/sensex-rebounds-690-points-nifty-tops-21450\/"},"modified":"2024-01-24T10:38:11","modified_gmt":"2024-01-24T10:38:11","slug":"sensex-rebounds-690-points-nifty-tops-21450","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/01\/24\/sensex-rebounds-690-points-nifty-tops-21450\/","title":{"rendered":"Sensex Rebounds 690 Points; Nifty Tops 21,450"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares rebounded on Wednesday after seeing a sharp sell-off in the previous session.<\/p>\n<p>The benchmark S&amp;P BSE Sensex ended a volatile session up 689.76 points, or 0.98 percent, at 71,060.31 while the broader NSE Nifty index jumped 215.15 points, or 1.01 percent, to close at 21,453.95.<\/p>\n<p>Metal stocks surged, with Hindalco rallying 4.7 percent after China&#8217;s central bank announced that it would cut the amount of cash that banks must hold as reserves by 50 basis points from February 5 for the first time this year to help the <span class=\"landLinks\">economy<\/span>.<\/p>\n<p>Also, media reports suggested that authorities are considering a package of measures to stabilize China&#8217;s slumping stock market.<\/p>\n<p>Tata Steel climbed 3.7 percent and Tech Mahindra added 2.8 percent ahead of their earnings results. <\/p>\n<p>HCL Technologies, IndusInd Bank and Dr Reddy&#8217;s Laboratories rose 3-4 percent. <br \/>Zomato soared 3.9 percent after rival Swiggy increased the platform fee for a small set of users. <\/p>\n<p>Among the prominent decliners, Asian Paints, Axis Bank and ICICI Bank fell 2-3 percent. <\/p>\n<\/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 Rebounds 690 Points; Nifty Tops 21,450<\/a><br \/>\n<br \/>2024-01-24 10:38:11<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rebounded on Wednesday after seeing a sharp sell-off in the previous session. The benchmark S&amp;P BSE Sensex ended a volatile session up 689.76 points, or 0.98 percent, at&#8230;<\/p>\n","protected":false},"author":2,"featured_media":43008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-43007","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\/43007","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=43007"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/43007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/43008"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=43007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=43007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=43007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}