{"id":48837,"date":"2024-07-03T04:26:05","date_gmt":"2024-07-03T04:26:05","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/07\/03\/sensex-tops-80k-on-fed-rate-cut-bets-nifty-nears-24300\/"},"modified":"2024-07-03T04:26:05","modified_gmt":"2024-07-03T04:26:05","slug":"sensex-tops-80k-on-fed-rate-cut-bets-nifty-nears-24300","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/07\/03\/sensex-tops-80k-on-fed-rate-cut-bets-nifty-nears-24300\/","title":{"rendered":"Sensex Tops 80k On Fed Rate-cut Bets; Nifty Nears 24,300"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened on a buoyant note Wednesday on growing optimism that the U.S. Federal Reserve will cut interest rates in September. <\/p>\n<p>The benchmark S&amp;P\/BSE Sensex jumped 570 points, or 0.7 percent, to 80,013 in early trade while the broader NSE Nifty index was up 163 points, or 0.7 percent, at 24,287.<\/p>\n<p>HDFC Bank rallied 2.7 percent after its April-June quarter shareholding data showed that the ownership of foreign institutional investors in the private lender has come down below the 55 percent mark during the quarter.<\/p>\n<p>Rail Vikas Nigam climbed 1.5 percent on winning a new order from Central Railways.<\/p>\n<p>KEC International surged 6 percent on securing new orders worth Rs 1,017 crore in the transmission &amp; distribution (T&amp;D) and clean energy sectors.<\/p>\n<p>Motilal Oswal Financial Services jumped 3.4 percent despite an announcement that it has received a warning from SEBI for operational issues. <\/p>\n<p>YES Bank gained 1 percent after sharing its Q1 <span class=\"landLinks\">business<\/span> update. <\/p>\n<p>ITC rose 0.6 percent after launching &#8216;Sunfeast Dark Fantasy Choco Fills&#8217; in Nepal.<\/p>\n<p>Zomato dropped half a percent after co-founder Pankaj Chaddah resigned from the company. <\/p>\n<\/p>\n<\/div><\/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 Tops 80k On Fed Rate-cut Bets; Nifty Nears 24,300<\/a><br \/>\n<br \/>2024-07-03 04:26:05<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a buoyant note Wednesday on growing optimism that the U.S. Federal Reserve will cut interest rates in September. The benchmark S&amp;P\/BSE Sensex jumped 570 points, or&#8230;<\/p>\n","protected":false},"author":2,"featured_media":48838,"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-48837","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/48837","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=48837"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/48837\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/48838"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=48837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=48837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=48837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}