{"id":9476,"date":"2021-05-06T04:18:28","date_gmt":"2021-05-06T04:18:28","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/06\/sensex-up-175-points-nifty-tops-14650\/"},"modified":"2021-05-06T04:18:28","modified_gmt":"2021-05-06T04:18:28","slug":"sensex-up-175-points-nifty-tops-14650","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/06\/sensex-up-175-points-nifty-tops-14650\/","title":{"rendered":"Sensex Up 175 Points; Nifty Tops 14,650"},"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 opened on a positive note Thursday after the Biden administration announced support for waiving intellectual patent protections for <span class=\"landLinks\">coronavirus<\/span> vaccines.<\/p>\n<p>The benchmark S&amp;P BSE Sensex edged up 175 points, or 0.4 percent, to 48,851 in early trade, while the broader NSE Nifty index was up 36 points, or 0.3 percent, at 14,653.<\/p>\n<p>IDBI Bank jumped 8 percent after the government approved the strategic divestment and transfer of management control in the bank. <\/p>\n<p>Tata Motors gained 0.8 percent as the Competition Commission ordered a detailed probe against the company for alleged abuse of dominant position with respect to dealership agreements.<\/p>\n<p>Bajaj Finance advanced 1.7 percent after it received regulatory approval to launch a digital wallet.<\/p>\n<p>Hero MotoCorp rose over 1 percent ahead of its earnings release. <\/p>\n<p>Adani Green Energy added 1.5 percent after posting turnaround results for FY21.<\/p>\n<p>Tata Steel soared 5 percent as it posted a consolidated net profit of Rs 7,162 crore for the March quarter, against a net loss of Rs 1,615 crore in the corresponding quarter last year. <\/p>\n<p>Indian Bank was little changed after declaring the Saravana Stores account as fraud. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Up 175 Points; Nifty Tops 14,650<\/a><br \/>\n<br \/>2021-05-06 04:18:28<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a positive note Thursday after the Biden administration announced support for waiving intellectual patent protections for coronavirus vaccines. The benchmark S&amp;P BSE Sensex edged up 175&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9477,"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-9476","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9476","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=9476"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9477"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}