{"id":11645,"date":"2021-07-09T03:10:44","date_gmt":"2021-07-09T03:10:44","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/09\/sensex-nifty-set-to-follow-global-peers-lower\/"},"modified":"2021-07-09T03:10:44","modified_gmt":"2021-07-09T03:10:44","slug":"sensex-nifty-set-to-follow-global-peers-lower","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/09\/sensex-nifty-set-to-follow-global-peers-lower\/","title":{"rendered":"Sensex, Nifty Set To Follow Global Peers Lower"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares are seen opening lower on Friday as global growth worries mounted and TCS&#8217; earnings missed the consensus estimate on all counts. <\/p>\n<p>The country&#8217;s largest IT services provider reported a 2.6 percent sequential decline in quarterly consolidated profit, due to lower other income.<\/p>\n<p>Benchmark indexes Sensex and the Nifty fell about 1 percent on Thursday, weighed down by concerns over inflation and high oil prices. The rupee fell 9 paise to settle at 74.71 against the greenback. <\/p>\n<p>Asian <span class=\"landLinks\">markets<\/span> fell this morning to hover near two-month lows on concerns over rising uncertainties surrounding the pace of the U.S. economic recovery. <\/p>\n<p>Gold was set for a third straight weekly gain as yields and the dollar weakened.<\/p>\n<p>10-year U.S. Treasury yields reached levels not seen since February, while the dollar fell from a three-month peak against its rivals. Oil prices traded mixed after hefty overnight gains. <\/p>\n<p>U.S. stocks ended firmly in negative territory overnight and Treasury yields sank for a fourth day, as worries about the rapid spread of Delta variant of the <span class=\"landLinks\">coronavirus<\/span> and disappointing jobless claims data added to concerns about the economic outlook. <\/p>\n<p>The Dow shed 0.8 percent, the tech-heavy Nasdaq Composite fell 0.7 percent and the S&amp;P 500 gave up 0.9 percent. <\/p>\n<p>European stocks ended deep in the red on Thursday on concerns about China&#8217;s recovery and the country&#8217;s historic tech crackdown. The European Central Bank raised its inflation goal, signaling a longer period of easy money. <\/p>\n<p>The pan European Stoxx 600 plunged 1.7 percent. France&#8217;s CAC 40 index tumbled 2 percent, while the German DAX and the U.K.&#8217;s FTSE 100 both lost 1.7 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 Set To Follow Global Peers Lower<\/a><br \/>\n<br \/>2021-07-09 03:10:44<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares are seen opening lower on Friday as global growth worries mounted and TCS&#8217; earnings missed the consensus estimate on all counts. The country&#8217;s largest IT services provider reported&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11646,"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-11645","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11645","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=11645"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11646"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}