{"id":11974,"date":"2021-07-19T03:07:03","date_gmt":"2021-07-19T03:07:03","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/19\/sensex-nifty-set-to-fall-on-weak-global-cues\/"},"modified":"2021-07-19T03:07:03","modified_gmt":"2021-07-19T03:07:03","slug":"sensex-nifty-set-to-fall-on-weak-global-cues","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/19\/sensex-nifty-set-to-fall-on-weak-global-cues\/","title":{"rendered":"Sensex, Nifty Set To Fall On Weak Global Cues"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares are likely to open lower on Monday, tracking weak global <span class=\"landLinks\">markets<\/span> as investors fret about the impact of COVID-19 outbreaks on global growth and react to the latest decline in Treasury yields. <\/p>\n<p>COVID-related news, earnings announcements and progress of monsoon rains will dictate the trend in markets in the holiday-shortened week amid absence of major economic releases. Both the BSE and NSE would remain closed on Wednesday for Bakri-Id.<\/p>\n<p>Benchmark indexes Sensex and the Nifty rose 1.4 percent and 1.5 percent, respectively last week, with IT and financial stocks leading the surge.<\/p>\n<p>Asian markets succumbed to selling pressure and the dollar was barely changed against a basket of major currencies, while oil prices fell more than 1 percent in Asian trade after OPEC+ agreed to boost production into 2022.<\/p>\n<p>U.S. stocks ended notably lower on Friday, as better-than-expected earnings reports were offset by inflation worries and mixed retail sales and consumer sentiment data.<\/p>\n<p>The Dow gave up 0.9 percent, while both the S&amp;P 500 and the tech-heavy Nasdaq Composite ended down around 0.8 percent.<\/p>\n<p>European markets also fell on Friday amid lingering worries about a surge in <span class=\"landLinks\">coronavirus<\/span> cases worldwide. <\/p>\n<p>The pan European Stoxx 600 eased 0.3 percent. The German DAX declined 0.6 percent, France&#8217;s CAC 40 index dropped half a percent and the U.K.&#8217;s FTSE 100 slid 0.1 percent. <\/p>\n<\/p>\n<\/div><\/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 Fall On Weak Global Cues<\/a><br \/>\n<br \/>2021-07-19 03:07:03<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares are likely to open lower on Monday, tracking weak global markets as investors fret about the impact of COVID-19 outbreaks on global growth and react to the latest&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11975,"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-11974","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11974","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=11974"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11975"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}