{"id":8250,"date":"2021-03-23T04:01:32","date_gmt":"2021-03-23T04:01:32","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/23\/sensex-surges-250-points-nifty-climbs-above-14800\/"},"modified":"2021-03-23T04:01:32","modified_gmt":"2021-03-23T04:01:32","slug":"sensex-surges-250-points-nifty-climbs-above-14800","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/23\/sensex-surges-250-points-nifty-climbs-above-14800\/","title":{"rendered":"Sensex Surges 250 Points; Nifty Climbs Above 14,800"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened on a positive note Tuesday as U.S. Treasury yields retreated, helping ease concerns around inflation and higher interest rates.<\/p>\n<p>The benchmark BSE Sensex jumped 250 points, or half a percent, to 50,025 in early trade, while the broader NSE Nifty index was up 87 points, or 0.6 percent, at 14,823.<\/p>\n<p>Railtel climbed 1.8 percent on reporting a 60 percent jump in Q3 net profit. <\/p>\n<p>BHEL gained half a percent on securing its first ever overseas order for a grid- connected solar power project in Mauritius.<\/p>\n<p>Banks were broadly higher ahead of a Supreme Court verdict on various pleas seeking an extension of the loan moratorium that was announced almost a year ago.<\/p>\n<p>Axis Bank rose over 1 percent after revising interest rates on fixed deposits. <\/p>\n<p>BPCL was marginally higher amid reports that the government is expecting the divestment of state-owned refiner to net the exchequer over Rs 80,000 crore.<\/p>\n<p>BEML rallied 1 percent after the government received multiple expressions of interest for the privatization of the company. <\/p>\n<p>Maruti Suzuki India advanced 1.1 percent on the price hike buzz. <\/p>\n<p>Mahindra &amp; Mahindra added 0.9 percent after it signed a contract with the Ministry of Defense for the supply of 1,300 Light Specialist Vehicles to the Indian Army.<\/p>\n<p>KEC International jumped 3.6 percent. The company said it has secured new orders worth Rs 1,429 crore across its various businesses. <\/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 Surges 250 Points; Nifty Climbs Above 14,800<\/a><br \/>\n<br \/>2021-03-23 04:01:32<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a positive note Tuesday as U.S. Treasury yields retreated, helping ease concerns around inflation and higher interest rates. The benchmark BSE Sensex jumped 250 points, or&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-8250","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\/8250","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=8250"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8250\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8251"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}