{"id":45515,"date":"2024-04-03T04:17:55","date_gmt":"2024-04-03T04:17:55","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/04\/03\/sensex-nifty-decline-as-us-rate-cut-hopes-fade\/"},"modified":"2024-04-03T04:17:55","modified_gmt":"2024-04-03T04:17:55","slug":"sensex-nifty-decline-as-us-rate-cut-hopes-fade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/04\/03\/sensex-nifty-decline-as-us-rate-cut-hopes-fade\/","title":{"rendered":"Sensex, Nifty Decline As US Rate Cut Hopes Fade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened on a tepid note Wednesday as Middle East tensions intensified and prospects of an early Fed rate cut diminished. <\/p>\n<p>The benchmark S&amp;P BSE Sensex was down 278 points, or 0.4 percent, at 73,626 in early trade while the broader NSE Nifty index was down 79 points, or 0.4 percent, at 22,374.<\/p>\n<p>Bajaj Auto, Sun Pharma, Britannia Industries, HDFC Life and Nestle India fell 1-3 percent in the Nifty pack while Tech Mahindra, Hindalco, ONGC and Shriram Finance climbed 1-3 percent. <\/p>\n<p>UltraTech Cement gained 1 percent as it unveiled plans to invest up to Rs 32,400 crore in the next three years.<\/p>\n<p>Yes Bank rose 1.4 percent after releasing its <span class=\"landLinks\">business<\/span> update for the fourth quarter.<br \/>ZEE Entertainment Enterprises added half a percent after MD &amp; CEO Punit Goenka announced a 20 percent cut in his remuneration in a &#8216;voluntary&#8217; decision.<\/p>\n<p>JSW Energy climbed 1.5 percent on fund raising reports. <\/p>\n<p>HCLTech edged up slightly after its arm completed divestment of 49 percent stake in JV with U.S.-based State Street for $172.5 million. <\/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 Decline As US Rate Cut Hopes Fade<\/a><br \/>\n<br \/>2024-04-03 04:17:55<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a tepid note Wednesday as Middle East tensions intensified and prospects of an early Fed rate cut diminished. The benchmark S&amp;P BSE Sensex was down 278&#8230;<\/p>\n","protected":false},"author":2,"featured_media":45516,"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-45515","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45515","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=45515"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/45516"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=45515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=45515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=45515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}