{"id":11959,"date":"2021-07-19T10:48:15","date_gmt":"2021-07-19T10:48:15","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/19\/sensex-nifty-end-deep-in-red-amid-global-selloff\/"},"modified":"2021-07-19T10:48:15","modified_gmt":"2021-07-19T10:48:15","slug":"sensex-nifty-end-deep-in-red-amid-global-selloff","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/19\/sensex-nifty-end-deep-in-red-amid-global-selloff\/","title":{"rendered":"Sensex, Nifty End Deep In Red Amid Global Selloff"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares fell sharply on Monday, mirroring weak global cues as signs of growing inflationary pressures and concerns that a surge in <span class=\"landLinks\">coronavirus<\/span> cases will have a dampening effect on the fragile global economic recovery spurred risk aversion.<\/p>\n<p>Global growth worries mounted as daily coronavirus infections continued to surge from the United States and Europe to Asia, with the global seven-day average of new cases each day crossing over half a million for the first time since May.<\/p>\n<p>The benchmark 30-share BSE Sensex plunged as much as 586.66 points, or 1.10 percent, to 52,553.40 while the broader NSE Nifty index ended down 171 points, or 1.07 percent, at 15,752.40. <\/p>\n<p>Private sector lender HDFC Bank fell 3.3 percent after its bad-loan write-offs doubled to Rs 3,100 crore in the April-June quarter.<\/p>\n<p>HDFC Life Insurance lost 2.7 percent as it reported a 33 percent year-on-year fall in June-quarter net profit.<\/p>\n<p>HDFC, Axis Bank and IndusInd Bank gave up 2-3 percent. <\/p>\n<p>Bharti Airtel fell over 1 percent and Vodafone Idea shares declined 4.2 percent as the Supreme Court reserved its order in the adjusted gross revenues (AGR) case.<\/p>\n<p>ONGC dropped 1.8 percent, tracking a sharp fall in oil prices after oil producing nations agreed to raise production limits. <\/p>\n<p>On the positive side, Divis Laboratories, BPCL and NTPC climbed 1-2 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 End Deep In Red Amid Global Selloff<\/a><br \/>\n<br \/>2021-07-19 10:48:15<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares fell sharply on Monday, mirroring weak global cues as signs of growing inflationary pressures and concerns that a surge in coronavirus cases will have a dampening effect on&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11960,"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-11959","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11959","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=11959"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11960"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}