{"id":46449,"date":"2024-04-29T04:13:27","date_gmt":"2024-04-29T04:13:27","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/04\/29\/sensex-surges-over-400-points-nifty-tops-22500\/"},"modified":"2024-04-29T04:13:27","modified_gmt":"2024-04-29T04:13:27","slug":"sensex-surges-over-400-points-nifty-tops-22500","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/04\/29\/sensex-surges-over-400-points-nifty-tops-22500\/","title":{"rendered":"Sensex Surges Over 400 Points; Nifty Tops 22,500"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian <span class=\"landLinks\">markets<\/span> opened on a positive note Monday, with shares of private sector banks in focus after strong quarterly results. <\/p>\n<p>The benchmark S&amp;P BSE Sensex was up 403 points, or 0.6 percent, at 74,133 in early trade, while the broader NSE Nifty index was up 89 points, or 0.4 percent, at 22,508.<\/p>\n<p>Other Asian markets traded mostly higher, though overall gains remained capped amid caution ahead of the highly anticipated Federal Reserve&#8217;s policy meeting scheduled for April 30 to May 1.<\/p>\n<p>Maruti Suzuki India, SBI Life, IndusInd Bank and Divis Laboratories rose 1-2 percent while Apollo Hospitals Enterprise plunged 5.7 percent after PE firm Advent International agreed to invest 24.75 billion rupees (nearly $297 million) in its unit Apollo HealthCo.<\/p>\n<p>HCL Technologies lost 4.7 percent on weak FY25 guidance. <\/p>\n<p>ICICI Bank advanced 1.7 percent after reporting a 17 percent increase in Q4 profit and higher spending on information <span class=\"landLinks\">technology<\/span> and cybersecurity.<\/p>\n<p>Yes Bank jumped more than 6 percent on reporting a 123 percent jump in Q4 net profit.<\/p>\n<p>RBL Bank was marginally higher on positing 30 percent growth in quarterly net profit.<\/p>\n<p>Glenmark Pharma rose half a percent after it received the U.S. <span class=\"landLinks\">FDA approval<\/span> for Acetaminophen and Ibuprofen tablets. <\/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 Surges Over 400 Points; Nifty Tops 22,500<\/a><br \/>\n<br \/>2024-04-29 04:13:27<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian markets opened on a positive note Monday, with shares of private sector banks in focus after strong quarterly results. The benchmark S&amp;P BSE Sensex was up 403 points, or&#8230;<\/p>\n","protected":false},"author":2,"featured_media":46450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-46449","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/46449","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=46449"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/46449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/46450"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=46449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=46449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=46449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}