{"id":53602,"date":"2024-12-05T10:29:29","date_gmt":"2024-12-05T10:29:29","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/05\/sensex-rises-for-fifth-day-nifty-ends-above-24700\/"},"modified":"2024-12-05T10:29:29","modified_gmt":"2024-12-05T10:29:29","slug":"sensex-rises-for-fifth-day-nifty-ends-above-24700","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/05\/sensex-rises-for-fifth-day-nifty-ends-above-24700\/","title":{"rendered":"Sensex Rises For Fifth Day, Nifty Ends Above 24,700"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares rallied on Thursday as weaker-than-expected U.S. private sector employment and service sector activity data contributed to optimism about the outlook for interest rates.<\/p>\n<p>Traders now expect a third consecutive interest-rate cut at the U.S. central bank&#8217;s Dec. 17-18 meeting.<\/p>\n<p>Investor sentiment was also supported by foreign institutional investors (FIIs) turning net buyers in Indian equities in recent sessions and expectations of a dovish monetary policy by RBI.<\/p>\n<p>The benchmark S&amp;P BSE Sensex jumped 809.53 points, or 1.00 percent, to 81,765.86, extending gains for a fifth day running. <\/p>\n<p>The broader NSE Nifty index closed at 24,708.50, up 240.05 points, or 0.98 percent, from its previous close. <\/p>\n<p>IT stocks topped the gainers list, with TCS and Infosys rising over 2 percent each. <\/p>\n<p>Dr Reddy&#8217;s Laboratories, Titan Company and Trent climbed 2-3 percent while NTPC, Bajaj Auto, HDFC Life and SBI Life all fell around 1 percent. <\/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 Rises For Fifth Day, Nifty Ends Above 24,700<\/a><br \/>\n<br \/>2024-12-05 10:29:29<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rallied on Thursday as weaker-than-expected U.S. private sector employment and service sector activity data contributed to optimism about the outlook for interest rates. Traders now expect a third&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-53602","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asian-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53602","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=53602"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53603"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}