{"id":45355,"date":"2024-03-28T04:21:09","date_gmt":"2024-03-28T04:21:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/03\/28\/sensex-nifty-open-on-positive-note-as-yields-slip-on-rate-cut-optimism\/"},"modified":"2024-03-28T04:21:09","modified_gmt":"2024-03-28T04:21:09","slug":"sensex-nifty-open-on-positive-note-as-yields-slip-on-rate-cut-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/03\/28\/sensex-nifty-open-on-positive-note-as-yields-slip-on-rate-cut-optimism\/","title":{"rendered":"Sensex, Nifty Open On Positive Note As Yields Slip On Rate-cut Optimism"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened on a positive note Thursday as U.S. Treasury yields slipped on optimism for a Federal Reserve rate cut in June. <\/p>\n<p>Overall gains remained modest as investors awaited key U.S. inflation data and Federal Reserve commentary for signals on the rate path.<\/p>\n<p>The benchmark S&amp;P BSE Sensex jumped 355 points, or half a percent, to 73,351 in early trade, while the broader NSE Nifty index was up 102 points, or half a percent, at 22,226.<\/p>\n<p>Dr Reddy&#8217;s Laboratories rose about 1 percent as it entered a distribution partnership with Sanofi Healthcare India Private to promote and distribute the latter&#8217;s vaccine brands in India.<\/p>\n<p>UltraTech Cement gained 1 percent after it agreed to buy 26 percent equity of O2 Renewable Energy.<\/p>\n<p>SBI climbed 1.2 percent after hiking annual maintenance charges for debit cards.<br \/>NHPC added 1 percent on fund raising reports. <\/p>\n<p>Bharat Heavy Electricals rallied 2.4 percent on bagging an order worth Rs. 4,000 crores from Adani Power.<\/p>\n<p>REC jumped 2 percent after its board approved a market borrowing plan of Rs. 1.6 lakh crore for the fiscal year 2025.<\/p>\n<p>Texmaco Rail &amp; Engineering rose 1.2 percent after raising Rs. 250 crores via a QIP issue. <\/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 Open On Positive Note As Yields Slip On Rate-cut Optimism<\/a><br \/>\n<br \/>2024-03-28 04:21:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a positive note Thursday as U.S. Treasury yields slipped on optimism for a Federal Reserve rate cut in June. Overall gains remained modest as investors awaited&#8230;<\/p>\n","protected":false},"author":2,"featured_media":45356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-45355","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\/45355","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=45355"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/45356"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=45355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=45355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=45355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}