{"id":45574,"date":"2024-04-04T10:31:12","date_gmt":"2024-04-04T10:31:12","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/04\/04\/sensex-nifty-end-modestly-higher-banking-and-it-stocks-lead-gains\/"},"modified":"2024-04-04T10:31:12","modified_gmt":"2024-04-04T10:31:12","slug":"sensex-nifty-end-modestly-higher-banking-and-it-stocks-lead-gains","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/04\/04\/sensex-nifty-end-modestly-higher-banking-and-it-stocks-lead-gains\/","title":{"rendered":"Sensex, Nifty End Modestly Higher; Banking And IT Stocks Lead Gains"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares recovered from an early slide to end modestly higher on Thursday. <\/p>\n<p>While higher oil prices and uncertainty over the timing of Fed rate cuts weighed on sentiment in early trade, positive cues from Asia and Europe helped stocks stage a turnaround in the afternoon.<\/p>\n<p>Fed officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said Wednesday but nevertheless emphasized the need for more evidence that inflation is easing.<\/p>\n<p>The benchmark S&amp;P Sensex ended the session up 350.81 points, or 0.47 percent, higher at 74,227.63 ahead of the RBI&#8217;s rate decision and the fourth-quarter earnings season. <\/p>\n<p>The broader NSE Nifty index settled 80 points, or 0.36 percent, higher at 22,514.65, supported by gains in private banking and <span class=\"landLinks\">technology<\/span> stocks. <\/p>\n<p>Private sector lender HDFC Bank surged 3.1 percent after releasing its update for the fourth quarter ended March.<\/p>\n<p>Asian Paints, Eicher Motors, Tech Mahindra and Titan Company all rose about 2 percent while Bharti Airtel, BPCL, Shriram Finance, Adani Ports and ONGC fell 1-2 percent. <\/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 End Modestly Higher; Banking And IT Stocks Lead Gains<\/a><br \/>\n<br \/>2024-04-04 10:31:12<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares recovered from an early slide to end modestly higher on Thursday. While higher oil prices and uncertainty over the timing of Fed rate cuts weighed on sentiment in&#8230;<\/p>\n","protected":false},"author":2,"featured_media":45575,"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-45574","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45574","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=45574"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/45575"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=45574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=45574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=45574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}