{"id":13113,"date":"2021-08-20T10:53:31","date_gmt":"2021-08-20T10:53:31","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/20\/sensex-ends-300-pts-lower-nifty-ends-at-16450\/"},"modified":"2021-08-20T10:53:31","modified_gmt":"2021-08-20T10:53:31","slug":"sensex-ends-300-pts-lower-nifty-ends-at-16450","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/20\/sensex-ends-300-pts-lower-nifty-ends-at-16450\/","title":{"rendered":"Sensex Ends 300 Pts Lower; Nifty Ends At 16,450"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended lower on Friday, tracking weakness in global <span class=\"landLinks\">markets<\/span> amid concerns that the spread of the Delta coronavirus variant and an early tapering in economic support could delay the global economic recovery.<\/p>\n<p>Concerns over China&#8217;s regulations for its once-freewheeling internet sector also spooked investors. <\/p>\n<p>A rout in Chinese <span class=\"landLinks\">technology<\/span> giants deepened today after Chinese authorities passed a major data protection law, along the lines of Europe&#8217;s Global Data Protection Regulation, making it harder and costlier for tech firms in China to access and use consumer information.<\/p>\n<p>The benchmark 30-share BSE Sensex ended the session down 300.17 points, or 0.54 percent, at 55,329.32, while the broader NSE Nifty index dropped 118.35 points, or 0.71 percent, to settle at 16,450.50.<\/p>\n<p>Hindalco, JSW Steel and Tata Steel slumped 6-9 percent after a sharp plunge in iron ore futures across the world.<\/p>\n<p>Tata Motors lost 4 percent even as S&amp;P Global Ratings placed the ratings on select Tata Group firms on CreditWatch with positive implications.<\/p>\n<p>Vedanta lost nearly 10 percent after the company clarified on buzz related to Madras High Court notice for Tuticorin unit.<\/p>\n<p>FMCG companies caught investors&#8217; attention, with Nestle India, Britannia Industries and Hindustan Unilever climbing 3-5 percent on defensive buying. <\/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 Ends 300 Pts Lower; Nifty Ends At 16,450<\/a><br \/>\n<br \/>2021-08-20 10:53:31<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended lower on Friday, tracking weakness in global markets amid concerns that the spread of the Delta coronavirus variant and an early tapering in economic support could delay&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13114,"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-13113","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13113","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=13113"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13114"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}