{"id":9449,"date":"2021-05-05T11:02:23","date_gmt":"2021-05-05T11:02:23","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/05\/sensex-rises-424-points-nifty-ends-above-14600\/"},"modified":"2021-05-05T11:02:23","modified_gmt":"2021-05-05T11:02:23","slug":"sensex-rises-424-points-nifty-ends-above-14600","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/05\/sensex-rises-424-points-nifty-ends-above-14600\/","title":{"rendered":"Sensex Rises 424 Points; Nifty Ends Above 14,600"},"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 rose sharply on Wednesday, with financials and healthcare firms pacing the gainers, after RBI Governor Shaktikanta Das allowed the restructuring of retail and MSME loans, as part of a calibrated strategy to tackle the second COVID-19 wave in the country.<\/p>\n<p>The RBI Governor also unveiled a host of other measures to boost fund flow to the healthcare sector and said the second wave was not &#8220;insurmountable&#8221; and that the future remained &#8220;bright&#8221;.<\/p>\n<p>Investors shrugged off survey results from IHS Markit showing that the country&#8217;s service sector activity expanded at a softer pace in April. <\/p>\n<p>The benchmark 30-share BSE Sensex ended the session up 424.04 points, or 0.88 percent, at 48,677.55, while the broader NSE Nifty index climbed 121.35 points, or 0.84 percent, to 14,617.85.<\/p>\n<p>Sun Pharmaceutical Industries jumped 5.9 percent and was the biggest percentage gainer on the Nifty index. Among other top gainers, Kotak Mahindra Bank, Axis Bank, IndusInd Bank and UPL climbed 2-5 percent. <\/p>\n<p>Adani Ports tumbled 3.6 percent after its Q4 margins missed Street estimates. Bajaj Finance dropped 1.8 percent and SBI Life gave up 1.3 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 \/>Sensex Rises 424 Points; Nifty Ends Above 14,600<\/a><br \/>\n<br \/>2021-05-05 11:02:23<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rose sharply on Wednesday, with financials and healthcare firms pacing the gainers, after RBI Governor Shaktikanta Das allowed the restructuring of retail and MSME loans, as part of&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9450,"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-9449","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9449","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=9449"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9450"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}