{"id":53888,"date":"2024-12-12T10:25:07","date_gmt":"2024-12-12T10:25:07","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/12\/sensex-nifty-end-modestly-lower-ahead-of-macro-data\/"},"modified":"2024-12-12T10:25:07","modified_gmt":"2024-12-12T10:25:07","slug":"sensex-nifty-end-modestly-lower-ahead-of-macro-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/12\/sensex-nifty-end-modestly-lower-ahead-of-macro-data\/","title":{"rendered":"Sensex, Nifty End Modestly Lower Ahead Of Macro Data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended modestly lower on Thursday as caution crept in ahead of domestic inflation and industrial output data due later in the day. <\/p>\n<p>According to a report by Union Bank of India, India&#8217;s industrial production growth, as indicated by IIP, may have improved to 3.7 percent year-on-year in October, from 3.1 percent in the previous month.<\/p>\n<p>Retail inflation, based on the Consumer Price Index (CPI), is expected to ease to 5.5 percent in November due to a decline in food prices, according to a Morgan Stanley report.<\/p>\n<p>Firm cues from global <span class=\"landLinks\">markets<\/span> helped limit overall losses after in-line U.S. CPI data cemented expectations of an interest rate cut from the Federal Reserve next week.<\/p>\n<p>Investors expect the Fed to deliver a 25-bps rate cut on December 18 after both headline and core U.S. inflation rates aligned with market forecasts.<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex ended the session down 236.18 points, or 0.29 percent, at 81,289.96 while the broader NSE Nifty index dipped 93.10 points, or 0.38 percent, to close at 24,548.70.<\/p>\n<p>Adani Ports, Tech Mahindra, IndusInd Bank, Bharti Airtel and Adani Enterprises rose 1-2 percent in the Nifty pack while BPCL, Hero MotoCorp, Coal India, Hindustan Unilever and NTPC fell 2-3 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, Nifty End Modestly Lower Ahead Of Macro Data<\/a><br \/>\n<br \/>2024-12-12 10:25:07<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended modestly lower on Thursday as caution crept in ahead of domestic inflation and industrial output data due later in the day. According to a report by Union&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-53888","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\/53888","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=53888"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53889"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}