{"id":44507,"date":"2024-03-06T10:26:22","date_gmt":"2024-03-06T10:26:22","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/03\/06\/sensex-tops-74000-for-first-time-nifty-ends-above-22400\/"},"modified":"2024-03-06T10:26:22","modified_gmt":"2024-03-06T10:26:22","slug":"sensex-tops-74000-for-first-time-nifty-ends-above-22400","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/03\/06\/sensex-tops-74000-for-first-time-nifty-ends-above-22400\/","title":{"rendered":"Sensex Tops 74,000 For First Time; Nifty Ends Above 22,400"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares hit fresh record highs on Wednesday, with private sector banking stocks and financials leading the surge.<\/p>\n<p>The 30-share BSE Sensex hit a record high of 74,151 before ending the session up 408.86 points, or 0.55 percent, at 74,085.99.<\/p>\n<p>The broader NSE Nifty index claimed 22,497 before closing up 117.75 points, or 0.53 percent, at 22,474.05, helped by strong buying in the last hour of trade. <\/p>\n<p>Axis Bank, SBI Life, Bharti Airtel, Kotak Mahindra Bank and Bajaj Auto jumped 2-3 percent in the Nifty pack, while UltraTech Cement, NTPC and Adani Enterprises all fell around 2 percent. <\/p>\n<p>PSU stocks such as BPCL and ONGC ended down over 1 percent each after recent strong gains. <\/p>\n<p>Global cues were mixed, the dollar slipped, and U.S. Treasury yields were slightly higher ahead of congressional testimony by Federal Reserve Chair Jerome Powell.<\/p>\n<p>Gold held near record highs on rising bets for a June U.S. interest rate cut.<\/p>\n<p>Oil prices traded about 1 percent higher in European trade after Saudi Arabia raised oil prices for Asia and industry data showed a smaller than expected crude build in the United States. <\/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 74,000 For First Time; Nifty Ends Above 22,400<\/a><br \/>\n<br \/>2024-03-06 10:26:22<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares hit fresh record highs on Wednesday, with private sector banking stocks and financials leading the surge. The 30-share BSE Sensex hit a record high of 74,151 before ending&#8230;<\/p>\n","protected":false},"author":2,"featured_media":44508,"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-44507","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44507","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=44507"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/44507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/44508"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=44507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=44507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=44507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}