{"id":12213,"date":"2021-07-26T11:05:13","date_gmt":"2021-07-26T11:05:13","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/26\/sensex-nifty-end-modestly-lower-3\/"},"modified":"2021-07-26T11:05:13","modified_gmt":"2021-07-26T11:05:13","slug":"sensex-nifty-end-modestly-lower-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/26\/sensex-nifty-end-modestly-lower-3\/","title":{"rendered":"Sensex, Nifty End Modestly Lower"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended modestly lower on Monday, tracking weak global cues after a government crackdown pushed China stocks to their worst day in a year. <\/p>\n<p>Disappointing earnings results from Mukesh Ambani-owned oil-to-telecom conglomerate Reliance Industries also dented sentiment. <\/p>\n<p>The benchmark 30-share BSE Sensex dropped 123.53 points, or 0.23 percent, to 52,852.27, snapping its two-day winning streak. The broader NSE Nifty index ended down 31.60 points, or 0.20 percent, at 15,824.45.<\/p>\n<p>Among the prominent decliners, BPCL, SBI, Wipro and JSW Steel fell 1-2 percent. <\/p>\n<p>Reliance Industries gave up 1.5 percent as it reported a 7 percent decline in quarterly profit on the back of an increase in total expenses.<\/p>\n<p>SBI Life led the gainers to surge nearly 4 percent while UltraTech Cement, Divis Laboratories, Hindalco and Bajaj FinServ all rose about 2 percent. <\/p>\n<p>ICICI Bank ended marginally lower. The private sector lender reported a 78 percent rise in Q1 standalone net profit, but the bank&#8217;s asset quality worsened with gross non-performing assets as a percentage of total loan book increasing to 5.15 percent as of 30 June 2021 from 4.96 percent as of 31 March.<\/p>\n<p>Kotak Mahindra Bank gained 1 percent on reporting a 31.9 percent increase in Q1 profit. <\/p>\n<p>Yes Bank jumped 23 percent after reporting a more than a four-fold jump in net profit for the quarter ended June. <\/p>\n<p>ITC shed 0.6 percent despite posting better-than-expected first-quarter results.<\/p>\n<p>Sun Pharmaceutical Industries rose over 1 percent after it signed license and supply agreements with Italian specialty pharmaceutical company Cassiopea SpA for acne treatment drug Winlevi in the United States and Canada.<\/p>\n<p>Newly listed food-tech firm Zomato surged 9.6 percent after listing in the stock exchanges last Friday at a strong premium to the IPO price. <\/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 End Modestly Lower<\/a><br \/>\n<br \/>2021-07-26 11:05:13<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended modestly lower on Monday, tracking weak global cues after a government crackdown pushed China stocks to their worst day in a year. Disappointing earnings results from Mukesh&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12214,"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-12213","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12213","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=12213"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12214"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}