{"id":7970,"date":"2021-03-12T02:56:41","date_gmt":"2021-03-12T02:56:41","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/12\/indian-shares-seen-higher-as-bond-yields-dip\/"},"modified":"2021-03-12T02:56:41","modified_gmt":"2021-03-12T02:56:41","slug":"indian-shares-seen-higher-as-bond-yields-dip","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/12\/indian-shares-seen-higher-as-bond-yields-dip\/","title":{"rendered":"Indian Shares Seen Higher As Bond Yields Dip"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares look set to open higher on Friday as the signing of a massive pandemic relief bill in the United States reinforced expectations of a strong economic recovery. <\/p>\n<p>Underlying sentiment, however, may remain cautious amid concerns over rising oil prices and a worrying spike in the rate of Covid-19 infections across the country. <\/p>\n<p>Indian <span class=\"landLinks\">markets<\/span> were closed on Thursday on account of Mahashivratri. Benchmark indexes Sensex and the Nifty rose about half a percent on Wednesday to extend gains for the third straight session, while the rupee settled 2 paise higher at 72.91 against the U.S. dollar.<\/p>\n<p>Asian markets climbed this morning and the dollar languished near a one-year low as bond yields dipped, helping ease inflation fears. <\/p>\n<p>Gold edged higher and is eyeing its best week in seven while crude declined but stayed near $70 a barrel on demand recovery hopes.<\/p>\n<p>U.S. stocks hit record highs overnight as investors cheered a $1.9 trillion spending injection from the federal government and data showing a less-than-expected rise in jobless claims last week. <\/p>\n<p>The Dow Jones Industrial Average rose 0.6 percent, the S&amp;P 500 gained 1 percent and the tech-heavy Nasdaq Composite soared 2.5 percent.<\/p>\n<p>European stocks advanced on Thursday after the European Central Bank pledged to speed up its bond buying program over the next quarter based on market conditions. <\/p>\n<p>The pan European Stoxx 600 gained half a percent. The German DAX and the U.K.&#8217;s FTSE 100 both edged up around 0.2 percent while France&#8217;s CAC 40 index added 0.7 percent. <\/p>\n<\/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 \/>Indian Shares Seen Higher As Bond Yields Dip<\/a><br \/>\n<br \/>2021-03-12 02:56:41<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares look set to open higher on Friday as the signing of a massive pandemic relief bill in the United States reinforced expectations of a strong economic recovery. Underlying&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7971,"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-7970","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7970","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=7970"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7971"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}