{"id":45732,"date":"2024-04-09T10:17:04","date_gmt":"2024-04-09T10:17:04","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/04\/09\/sensex-nifty-give-up-gains-to-end-marginally-lower\/"},"modified":"2024-04-09T10:17:04","modified_gmt":"2024-04-09T10:17:04","slug":"sensex-nifty-give-up-gains-to-end-marginally-lower","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/04\/09\/sensex-nifty-give-up-gains-to-end-marginally-lower\/","title":{"rendered":"Sensex, Nifty Give Up Gains To End Marginally Lower"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares gave up early gains to end marginally lower on Tuesday as geopolitical tensions persisted and two more Federal Reserve officials have warned that it&#8217;s premature to consider cutting interest rates.<\/p>\n<p>Geopolitical tensions were back in focus after Hamas rejected Israel&#8217;s latest ceasefire proposal made at talks in Cairo and Benjamin Netanyahu said Israel had set a date for a ground offensive in Rafah &#8211; which he has long been warned against.<\/p>\n<p>Doubts crept in about a possible Fed rate cut this year, following hawkish commentary from Chicago Fed President Austan Goolsbee and his Minneapolis counterpart Neel Kashkari.<\/p>\n<p>However, former Federal Reserve Bank of St. Louis President James Bullard said in an interview with Bloomberg TV that he&#8217;s expecting three interest-rate cuts this year and that&#8217;s the base case.<\/p>\n<p>U.S. inflation data and the release of Fed meeting minutes this week are expected to provide additional clues on the Fed&#8217;s rate trajectory.<\/p>\n<p>Investors also looked ahead to domestic and U.S. bank earnings for directional cues. <br \/>The benchmark S&amp;P BSE Sensex gave up early gains to end the session down 58.80 points, or 0.08 percent, at 74,683.70.<\/p>\n<p>The broader NSE Nifty index finished down 23.55 points, or 0.1 percent, at 22,642.75, after having closed at a record high on Monday. <\/p>\n<p>Asian Paints, Reliance Industries, Coal India, Hero MotoCorp and Titan Company dropped 1-2 percent while ICICI Bank, Hindalco and Apollo Hospitals Enterprise rallied 2-3 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 Give Up Gains To End Marginally Lower<\/a><br \/>\n<br \/>2024-04-09 10:17:04<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares gave up early gains to end marginally lower on Tuesday as geopolitical tensions persisted and two more Federal Reserve officials have warned that it&#8217;s premature to consider cutting&#8230;<\/p>\n","protected":false},"author":2,"featured_media":45733,"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-45732","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45732","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=45732"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/45733"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=45732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=45732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=45732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}