{"id":53647,"date":"2024-12-06T04:04:07","date_gmt":"2024-12-06T04:04:07","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/06\/sensex-nifty-struggle-for-direction-before-rbi-meeting-outcome\/"},"modified":"2024-12-06T04:04:07","modified_gmt":"2024-12-06T04:04:07","slug":"sensex-nifty-struggle-for-direction-before-rbi-meeting-outcome","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/06\/sensex-nifty-struggle-for-direction-before-rbi-meeting-outcome\/","title":{"rendered":"Sensex, Nifty Struggle For Direction Before RBI Meeting Outcome"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares were little changed on Friday ahead of the Reserve Bank of India&#8217;s (RBI) monetary policy decision later in the day, with analysts remaining divided on whether the rate-setting panel will maintain its stance on the key interest rates or go for its first policy reduction since February 2023.<\/p>\n<p>The benchmark S&amp;P BSE Sensex was down 57 points at 81,709 in early trade while the broader NSE Nifty index was up 4 points at 24,712.<\/p>\n<p>Hero MotoCorp, ITC, Eicher Motors, Trent and Bajaj Auto were up 1-2 percent while Larsen &amp; Toubro, Wipro and TCS fell around 1 percent. <\/p>\n<p>Canara Bank rose half a percent after it received RBI approval for the divestment of its stake in Canara Robeco Asset Management Co. <\/p>\n<p>Torrent Power rallied 2 percent after raising Rs 3,5000 through a QIP issue. <\/p>\n<p>RITES jumped 3.4 percent on bagging a contract worth Rs 148 crore order from IIM Raipur. <\/p>\n<\/p>\n<p>Market Analysis<\/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, Nifty Struggle For Direction Before RBI Meeting Outcome<\/a><br \/>\n<br \/>2024-12-06 04:04:07<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares were little changed on Friday ahead of the Reserve Bank of India&#8217;s (RBI) monetary policy decision later in the day, with analysts remaining divided on whether the rate-setting&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-53647","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\/53647","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=53647"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53648"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}