{"id":11311,"date":"2021-06-29T02:56:39","date_gmt":"2021-06-29T02:56:39","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/29\/sensex-nifty-seen-lower-on-weak-asian-cues\/"},"modified":"2021-06-29T02:56:39","modified_gmt":"2021-06-29T02:56:39","slug":"sensex-nifty-seen-lower-on-weak-asian-cues","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/29\/sensex-nifty-seen-lower-on-weak-asian-cues\/","title":{"rendered":"Sensex, Nifty Seen Lower On Weak Asian Cues"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares are likely to open a tad lower on Tuesday, tracking weak Asian <span class=\"landLinks\">markets<\/span> and after reports that India deployed additional 50,000 troops along the China border amid a stalemate in the disengagement process in remaining friction points in eastern Ladakh.<\/p>\n<p>Stock-specific action could be seen, with <span class=\"landLinks\">health<\/span> and tourism-related stocks likely to be in focus after the Centre announced eight new schemes to give a boost to the sectors reeling under the Covid-19 induced restrictions. <\/p>\n<p>Benchmark indexes Sensex and the Nifty gave up early gains to end modestly lower on Monday, while the rupee inched up 1 paisa to settle almost flat at 74.19 against the greenback.<\/p>\n<p>Asian markets were mostly lower this morning as the spread of the more infectious delta variant of the <span class=\"landLinks\">coronavirus<\/span> resulted in the imposition of new travel restrictions in Europe. <\/p>\n<p>Treasuries and the dollar were steady after gains while oil prices slipped for a second day on worries about slower fuel demand growth. <\/p>\n<p>Gold headed for the biggest monthly drop in more than four years, with gains in U.S. equities and a resurgent dollar weighing on the precious metal.<\/p>\n<p>U.S. stocks closed mixed overnight as falling bond yields weighed on the banking sector and Boeing shares fell sharply after reports that the company&#8217;s 777X jet would not be certified until 2023.<\/p>\n<p>The tech-heavy Nasdaq Composite rallied 1 percent to settle at a record closing high and the S&amp;P 500 gained 0.2 percent to reach a new closing high amid easing concerns over inflation, while the Dow dropped 0.4 percent.<\/p>\n<p>European stocks fell notably on Monday due to concerns about the spread of the delta variant Covid-19 in Europe and Asia.<\/p>\n<p>The pan European Stoxx 600 shed 0.6 percent. The German DAX gave up 0.3 percent, France&#8217;s CAC 40 index lost 1 percent and the U.K.&#8217;s FTSE 100 declined 0.9 percent. <\/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 Seen Lower On Weak Asian Cues<\/a><br \/>\n<br \/>2021-06-29 02:56:39<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares are likely to open a tad lower on Tuesday, tracking weak Asian markets and after reports that India deployed additional 50,000 troops along the China border amid a&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11312,"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-11311","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11311","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=11311"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11312"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}