{"id":9527,"date":"2021-05-07T10:51:58","date_gmt":"2021-05-07T10:51:58","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/07\/sensex-nifty-extend-gains-for-third-day-2\/"},"modified":"2021-05-07T10:51:58","modified_gmt":"2021-05-07T10:51:58","slug":"sensex-nifty-extend-gains-for-third-day-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/07\/sensex-nifty-extend-gains-for-third-day-2\/","title":{"rendered":"Sensex, Nifty Extend Gains For Third Day"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares rose for the third straight session on Friday as surging commodity prices helped lift metal stocks. <\/p>\n<p>Amid RBI&#8217;s support to liquidity and firm global cues on the back of upbeat economic data, traders looked past a record daily rise in domestic <span class=\"landLinks\">coronavirus<\/span> cases. <\/p>\n<p>The benchmark 30-share BSE Sensex climbed 256.71 points, or 0.52 percent, to 49,206.47, while the broader NSE Nifty index ended up 98.35 points, or 0.67 percent, at 14,823.15.<\/p>\n<p>Tata Steel shares ended 7.5 percent higher after hitting a new 52-week high earlier in the day as the company reported its best-ever performance during the January-March quarter of FY21.<\/p>\n<p>Hindalco rallied 3.9 percent and JSW Steel advanced 3.4 percent amid strong commodity prices, with copper soaring to a record high on optimism about a global rebound from the coronavirus pandemic. <\/p>\n<p>India&#8217;s largest mortgage lender, Housing Development Finance Corporation, gained 2.5 percent after it beat analysts&#8217; expectations for quarterly profit. <\/p>\n<p>Tata Consumer Products tumbled 3.5 percent and Dabur India lost nearly 2 percent after reporting earnings below estimates. <\/p>\n<p>Automakers fell broadly, with Eicher Motor, Bajaj Auto and Hero MotoCorp losing 1- 2 percent. <\/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, Nifty Extend Gains For Third Day<\/a><br \/>\n<br \/>2021-05-07 10:51:58<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rose for the third straight session on Friday as surging commodity prices helped lift metal stocks. Amid RBI&#8217;s support to liquidity and firm global cues on the back&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9528,"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-9527","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9527","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=9527"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9528"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}