{"id":11412,"date":"2021-07-02T04:50:43","date_gmt":"2021-07-02T04:50:43","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/02\/sensex-nifty-recover-after-fall-from-higher-levels\/"},"modified":"2021-07-02T04:50:43","modified_gmt":"2021-07-02T04:50:43","slug":"sensex-nifty-recover-after-fall-from-higher-levels","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/02\/sensex-nifty-recover-after-fall-from-higher-levels\/","title":{"rendered":"Sensex, Nifty Recover After Fall From Higher Levels"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> After opening on a positive note, the Indian stock market slipped into negative territory in cautious trade Friday morning.<\/p>\n<p>Uncertainty about the pace of economic rebound due to the impact of rising delta variant of the <span class=\"landLinks\">coronavirus<\/span> cases and possible fresh restrictions on movements appear to be weighing on sentiment. <\/p>\n<p>Also, with the crucial U.S. jobs data due later today, investors are a bit reluctant to make significant moves.<\/p>\n<p>The benchmark BSE Sensex, which opened with a positive gap of nearly 120 points at 52,434.55 but fell to 52,200.47 subsequently, is down 6.08 points of 0.01 percent at 52,312.52.<\/p>\n<p>The Nifty, which drifted down to 15,649.60 after advancing to 15,705.85, is currently at 15,679.45, up slightly from the previous close.<\/p>\n<p>ICICI Bank is rising 1.2 percent. Titan Industries, NTPC, Reliance Industries, Mahindra &amp; Mahindra and IndusInd Bank are up 0.4 to 0.7 percent.<\/p>\n<p>Shares of Coal India are surging higher after the company said its coal production increased by about 2 percent in June 2021 compared to the same month last year.<\/p>\n<p>Aurobindo Pharma is gaining more than 4 percent after announcing transfer of <span class=\"landLinks\">business<\/span> undertaking comprised in Unit\u00b74, on a going concern basis, to Eugia Pharma Specialities, a wholly owned subsidiary of the company, for a lumpsum consideration of Rs 876 crore.<\/p>\n<p>Shares of NCC Limited are up nearly 2.5 percent after the company announced that it received five new orders totaling to Rs 2,149 crore in June. <\/p>\n<p>Information <span class=\"landLinks\">technology<\/span> stocks Tata Consultancy Services, Infosys, Tech Mahindra and HCL Technologies are down 0.4 to 1 percent.<\/p>\n<p>HDFC Bank, Power Grid Corporation, Tata Steel, Asian Paints, Hindustan Unilever, Nestle India, HDFC and Larsen &amp; Toubro are also down in negative territory with modest losses. <\/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 Recover After Fall From Higher Levels<\/a><br \/>\n<br \/>2021-07-02 04:50:43<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After opening on a positive note, the Indian stock market slipped into negative territory in cautious trade Friday morning. Uncertainty about the pace of economic rebound due to the impact&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11413,"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-11412","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11412","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=11412"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11413"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}