{"id":10042,"date":"2021-05-24T04:43:24","date_gmt":"2021-05-24T04:43:24","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/24\/sensex-nifty-give-up-early-gains\/"},"modified":"2021-05-24T04:43:24","modified_gmt":"2021-05-24T04:43:24","slug":"sensex-nifty-give-up-early-gains","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/24\/sensex-nifty-give-up-early-gains\/","title":{"rendered":"Sensex, Nifty Give Up Early Gains"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares fluctuated in early trade on Monday, tracking mixed Asian cues. <\/p>\n<p>Markets opened higher earlier in the day as the country recorded steady decline in the number of fresh <span class=\"landLinks\">coronavirus<\/span> cases and the RBI surprised the Centre with a record Rs 99,122 crore in surplus transfer for FY21, helping cushion the fiscal deficit burden for the government. <\/p>\n<p>The benchmark S&amp;P BSE Sensex was down 27 points, or 0.1 percent, at 50,513, giving up early gains. The broader NSE Nifty index was down 24 points or 0.2 percent at 15,152.<\/p>\n<p>Shree Cement lost 3 percent despite reporting a 30 percent rise in its Q4FY21 profit.<\/p>\n<p>Punjab &amp; Sind Bank rallied 3 percent as It returned to profit after eight quarters of losses. <\/p>\n<p>JSW Steel tumbled 3 percent. The company called media reports saying that it was weighing a bid for Liberty Steel&#8217;s assets in the U.K. &#8220;speculative&#8221; and &#8220;misleading.&#8221;<\/p>\n<p>Hero MotoCorp rose about 2 percent. The two-wheeler manufacturer will be resuming gradual production at all its plants in the country starting today. <\/p>\n<p>Elgi Equipments advanced 1.3 percent. The air-compressor manufacturer has increased the capacity to manufacture compressors for specific models of oxygen generation plants.<\/p>\n<p>Axis Bank edged down slightly. The private sector lender is awaiting regulatory approval to reclassify 3 promoters as public shareholders.<\/p>\n<p>MCX was down more than 3 percent after reporting a 41 percent fall in Q4 net profit.<br \/>Minda Industries gained 2.2 percent after its board approved the acquisition of 33,750 equity shares of special purpose vehicle CSE Dakshina Solar Private Ltd.<\/p>\n<p>Adani Green surged 4.3 percent. The company&#8217;s unit Adani Renewable Energy Holding Four Ltd has transferred 74 percent shareholding of MSEL to Adani Tradecom. <\/p>\n<\/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 Give Up Early Gains<\/a><br \/>\n<br \/>2021-05-24 04:43:24<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares fluctuated in early trade on Monday, tracking mixed Asian cues. Markets opened higher earlier in the day as the country recorded steady decline in the number of fresh&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10043,"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-10042","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10042","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=10042"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10043"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}