{"id":59673,"date":"2025-05-14T04:29:12","date_gmt":"2025-05-14T04:29:12","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/05\/14\/sensex-nifty-open-higher-on-rate-cut-hopes\/"},"modified":"2025-05-14T04:29:12","modified_gmt":"2025-05-14T04:29:12","slug":"sensex-nifty-open-higher-on-rate-cut-hopes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/05\/14\/sensex-nifty-open-higher-on-rate-cut-hopes\/","title":{"rendered":"Sensex, Nifty Open Higher On Rate Cut Hopes"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares were notably higher on Wednesday as signs of easing retail inflation sparked hopes for more rate cuts from the Reserve Bank of India in coming months.<\/p>\n<p>Official data showed India&#8217;s consumer price inflation eased further in April to the lowest level in nearly six years amid a slower rise in food prices.<\/p>\n<p>Consumer price inflation eased more-than-expected to 3.16 percent in April from 3.34 percent in February. <\/p>\n<p>The expected rate was 3.27 percent. Moreover, this was the lowest since July 2019, when prices had risen 3.15 percent.<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex rose 490 points, or 0.6 percent, to 81,640 in early trade while the broader NSE Nifty index was up 172 points, or 0.7 percent, at 24,750.<br \/>Tata Power rose over 1 percent ahead of its earnings release.<\/p>\n<p>Bharti Airtel rallied 2.2 percent after reporting a 77 percent jump in Q4 net profit. <\/p>\n<p>Bharti Hexacom jumped 2.3 percent after quarterly profit more than doubled. <\/p>\n<p>Similarly, Garden Reach Shipbuilders &amp; Engineers soared nearly 12 percent after more than doubling its quarterly net profit. <\/p>\n<p>Tata Steel climbed 5 percent as it announced a Rs. 15,000 crore capex plan.<\/p>\n<p>Tata Motors fell 1.5 percent after reporting a 51 percent decline in its quarterly consolidated net profit <\/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 Open Higher On Rate Cut Hopes<\/a><br \/>\n<br \/>2025-05-14 04:29:12<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares were notably higher on Wednesday as signs of easing retail inflation sparked hopes for more rate cuts from the Reserve Bank of India in coming months. Official data&#8230;<\/p>\n","protected":false},"author":2,"featured_media":59674,"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-59673","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59673","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=59673"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/59674"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=59673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=59673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=59673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}