{"id":54008,"date":"2024-12-16T04:18:30","date_gmt":"2024-12-16T04:18:30","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/16\/sensex-nifty-subdued-as-investors-await-fed-decision\/"},"modified":"2024-12-16T04:18:30","modified_gmt":"2024-12-16T04:18:30","slug":"sensex-nifty-subdued-as-investors-await-fed-decision","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/16\/sensex-nifty-subdued-as-investors-await-fed-decision\/","title":{"rendered":"Sensex, Nifty Subdued As Investors Await Fed Decision"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened on a sluggish note Monday as caution crept in ahead of the Federal Reserve&#8217;s interest-rate decision due this week. <\/p>\n<p>The benchmark S&amp;P\/BSE Sensex dropped 165 points, or 0.2 percent, to 81,968 in early trade while the broader NSE Nifty index was down 41 points, or 0.2 percent, at 24,727.<\/p>\n<p>Tech Mahindra, Sun Pharma, Bharti Airtel, Titan Company and JSW Steel all were down around 1 percent. <\/p>\n<p>Swiggy advanced 1.7 percent and Zomato added 1 percent after reports that a clarification on GST input tax credit will be announced soon. <\/p>\n<p>Aurobindo Pharma rose 1.2 percent after receiving a positive opinion from the CHMP of the European Medicines Agency for Zefylti (BP13), a filgrastim biosimilar.<\/p>\n<p>Bharat Forge gained more than 1 percent as it announced a \u20ac2.50-million investment to acquire a 25% equity stake in Italy-based Edgelab SpA.<\/p>\n<p>Reliance Industries edged up slightly after buying a 74 percent stake in an industrial area developer situated in Mumbai. <\/p>\n<p>Afcons Infrastructure jumped 6 percent on bagging a Rs. 1,007 crore metro rail project. <\/p>\n<p>RITES rallied 2.6 percent on securing a contract worth Rs 297.67 crore from the Ministry of External Affairs (MEA). <\/p>\n<\/p>\n<p>Market Analysis<\/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 Subdued As Investors Await Fed Decision<\/a><br \/>\n<br \/>2024-12-16 04:18:30<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a sluggish note Monday as caution crept in ahead of the Federal Reserve&#8217;s interest-rate decision due this week. The benchmark S&amp;P\/BSE Sensex dropped 165 points, or&#8230;<\/p>\n","protected":false},"author":2,"featured_media":54009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-54008","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\/54008","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=54008"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/54008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/54009"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=54008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=54008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=54008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}