{"id":11341,"date":"2021-06-30T11:06:06","date_gmt":"2021-06-30T11:06:06","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/30\/sensex-nifty-fail-to-hold-gains-end-on-weak-note\/"},"modified":"2021-06-30T11:06:06","modified_gmt":"2021-06-30T11:06:06","slug":"sensex-nifty-fail-to-hold-gains-end-on-weak-note","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/30\/sensex-nifty-fail-to-hold-gains-end-on-weak-note\/","title":{"rendered":"Sensex, Nifty Fail To Hold Gains, End On Weak Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Indian stock market ended slightly weak on Wednesday, sliding gradually from the day&#8217;s highs post mid afternoon, as investors turned cautious and took profits.<\/p>\n<p>Worries about spikes in the Delta variant of Covid-19 and fresh travel curbs in several countries in Asia and Europe weighed on sentiment.<\/p>\n<p>The benchmark BSE Sensex, which rose to 52,875.92, plunged more than 425 points from that level to 52,448.64 and eventually ended the session at 52,482.71, recording a loss of 66.95 points or 0.13 percent.<\/p>\n<p>The broader Nifty index of the National Stock Exchange settled with a loss of 26.95 points or 0.17 percent at 15,721.50 after scaling a high of 15,839.10 ad a low of 15,708.75 intraday.<\/p>\n<p>Reliance Industries ended 1.2 percent up. RIL announced that it has signed an agreement with Abu Dhabi National Oil Company to jointly build a petrochemical facility in Ruwais, Abu Dhabi, to manufacture chlor-alkali, ethylene dichloride and polyvinyl chloride.<\/p>\n<p>Coal India, Divi&#8217;s Laboratories and Infosys gained 1 to 1.3 percent. Tech Mahindra, SBI Life, Maruti Suzuki, Nestle, Wipro, Bharti Airtel and HDFC Life closed with modest gains.<\/p>\n<p>Cipla shares surged higher sharply after the Drugs Controller General of India (DCGI) permitted the firm to import Moderna&#8217;s Covid Vaccine with emergency use authorisation in India. According to reports, Cipla plans to import around 50 million doses of the Moderna vaccine.<\/p>\n<p>Vindhya Telelinks shares gained nearly 7 percent after the company reported consolidated profit of Rs 116.04 crore for the fourth quarter, compared with Rs 38.26 crore in the year-ago quarter.<\/p>\n<p>Shares of Uflex NSE 19.12 % jumped as much as 19 per cent during early trade on Wednesday as the company reported more than double profit in the quarter ended on March 31, 2021.<\/p>\n<p>Uflex shares soared nearly 20 percent after the company reported an over two-fold jump in consolidated net profit at Rs 264.95 crore for the fourth quarter ended March 2021, over the previous quarter.<\/p>\n<p>Shree Cement, Bajaj Financial Services, Power Grid Corporation, UPL, ICICI Bank, ONGC, NTPC and Eicher Motors lost 1 to 2 percent.<\/p>\n<p>The market breadth was slightly positive. On BSE, 1707 stocks closed higher and 1530 stocks drifted down, while 122 stocks settled flat. <\/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 Fail To Hold Gains, End On Weak Note<\/a><br \/>\n<br \/>2021-06-30 11:06:06<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian stock market ended slightly weak on Wednesday, sliding gradually from the day&#8217;s highs post mid afternoon, as investors turned cautious and took profits. Worries about spikes in the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11342,"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-11341","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11341","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=11341"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11342"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}