{"id":48849,"date":"2024-07-03T10:33:33","date_gmt":"2024-07-03T10:33:33","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/07\/03\/sensex-nifty-surge-to-new-record-highs\/"},"modified":"2024-07-03T10:33:33","modified_gmt":"2024-07-03T10:33:33","slug":"sensex-nifty-surge-to-new-record-highs","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/07\/03\/sensex-nifty-surge-to-new-record-highs\/","title":{"rendered":"Sensex, Nifty Surge To New Record Highs"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares rose notably on Wednesday to reach fresh record highs as investors reacted to dovish comments from Federal Reserve Chair Jerome Powell.<\/p>\n<p>On Tuesday, Powell acknowledged progress in disinflation but added that officials need more confidence before cutting interest rates.<\/p>\n<p>As growth worries mount, it is widely accepted that the Fed will likely cut interest rates at its meeting in September.<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex hit a new record high of 80,074 in intraday trading before ending the session up 545 points or 0.69 percent, at 79,986.<\/p>\n<p>The broader NSE Nifty index also scaled a fresh peak of 24,309 before closing at 24,286, up 162 points, or 0.67 percent, from its previous close. <\/p>\n<p>Gains were broad-based, with the BSE mid-cap and small-cap indexes gaining around 0.9 percent each. <\/p>\n<p>Tata Consumer Products topped the gainers list to close 3.6 percent higher while Axis Bank, HDFC Bank, Kotak Mahindra Bank and Adani Ports all rose around 2 percent.<\/p>\n<p>On the losing side, Titan Company and TCS fell over 1 percent each. <\/p>\n<\/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 Surge To New Record Highs<\/a><br \/>\n<br \/>2024-07-03 10:33:33<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rose notably on Wednesday to reach fresh record highs as investors reacted to dovish comments from Federal Reserve Chair Jerome Powell. On Tuesday, Powell acknowledged progress in disinflation&#8230;<\/p>\n","protected":false},"author":2,"featured_media":48850,"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-48849","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/48849","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=48849"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/48849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/48850"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=48849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=48849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=48849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}