{"id":60025,"date":"2025-05-23T10:16:18","date_gmt":"2025-05-23T10:16:18","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/05\/23\/sensex-jumps-769-points-as-us-bond-yields-ease-nifty-tops-24850\/"},"modified":"2025-05-23T10:16:18","modified_gmt":"2025-05-23T10:16:18","slug":"sensex-jumps-769-points-as-us-bond-yields-ease-nifty-tops-24850","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/05\/23\/sensex-jumps-769-points-as-us-bond-yields-ease-nifty-tops-24850\/","title":{"rendered":"Sensex Jumps 769 Points As US Bond Yields Ease; Nifty Tops 24,850"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares rallied on Friday as U.S. Treasury yields eased from recent highs and oil prices remained depressed on concerns about oversupply stemming from a potential nuclear deal between the U.S. and Iran, and OPEC+ supply hike prospects.<\/p>\n<p>Treasury yields eased from recent highs on improved readings concerning U.S. <span class=\"landLinks\">business<\/span> activity, output expectations, weekly jobless claims and existing home sales. <\/p>\n<p>Traders also welcomed comments from a Federal Reserve official that the U.S. central bank could cut interest rates in the second half of 2025 if the Trump administration&#8217;s tariffs on U.S. trading partners settle around 10 percent.<\/p>\n<p>The benchmark S&amp;P BSE Sensex jumped 769.09 points, or 0.95 percent, to 81,721.08, with consumer goods major ITC, financials and IT stocks leading the surge. <\/p>\n<p>The broader NSE Nifty index closed up 243.45 points, or 0.99 percent, at 24,853.15 after U.S. President Donald Trump&#8217;s &#8220;big, beautiful&#8221; tax bill passed the U.S. House of Representatives in a major win for Republicans.<\/p>\n<p>The BSE mid-cap and small-cap indexes rose around half a percent each.<\/p>\n<p>The market breadth was strong on the BSE, with 2,342 shares rising while 1,607 shares fell and 158 shares ended unchanged. <\/p>\n<p>Among the top gainers, Axis Bank, Nestle India, Bajaj FinServ, ITC, Power Grid Corp and Eternal rallied 2-4 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 Jumps 769 Points As US Bond Yields Ease; Nifty Tops 24,850<\/a><br \/>\n<br \/>2025-05-23 10:16:18<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rallied on Friday as U.S. Treasury yields eased from recent highs and oil prices remained depressed on concerns about oversupply stemming from a potential nuclear deal between the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":60026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-60025","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60025","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=60025"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/60026"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=60025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=60025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=60025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}