{"id":14534,"date":"2021-10-01T04:20:14","date_gmt":"2021-10-01T04:20:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/01\/sensex-nifty-follow-global-peers-lower-3\/"},"modified":"2021-10-01T04:20:14","modified_gmt":"2021-10-01T04:20:14","slug":"sensex-nifty-follow-global-peers-lower-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/01\/sensex-nifty-follow-global-peers-lower-3\/","title":{"rendered":"Sensex, Nifty Follow Global Peers Lower"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares followed global peers lower on Friday as investors fretted about the timing and pace of the Fed&#8217;s monetary easing plan.<\/p>\n<p>The benchmark 30-share BSE Sensex dropped 376 points, or 0.6 percent, to 58,749 in early trade, while the broader NSE Nifty index was down 100 points, or 0.6 percent, at 17,518.<\/p>\n<p>Maruti Suzuki India slumped 2.4 percent after it warned of a hit to production for a second straight month due to chip shortage.<\/p>\n<p>HDFC Bank declined 1.5 percent.  The private sector lender has raised Rs 739 crore by issuing the rupee-denominated masala bonds in the overseas <span class=\"landLinks\">markets<\/span>.<\/p>\n<p>Asian Paints, Bajaj FinServ and Hindalco were down around 2 percent each. <\/p>\n<p>Bharti Airtel fell about 1 percent. The telecom major said it will invest Rs. 5,000 crore in expanding its data centre <span class=\"landLinks\">business<\/span>.<\/p>\n<p>ONGC jumped 3.5 percent and Reliance Industries edged up marginally after the government hiked domestic natural gas prices. <\/p>\n<p>Oil marketing companies were gaining ground, with BPCL up 1 percent and IOC climbing 2.6 percent. <\/p>\n<p>TCS was down 0.7 percent despite winning a large deal from Multi Commodity Exchange India (MCX). <\/p>\n<p>Tata Steel was moving lower after divesting its entire stake in NatSteel Holdings.<\/p>\n<p>NMDC rose half a percent. The state-owned iron ore miners said it aims to achieve production of 47 MT in FY22.<\/p>\n<p>Bank of India edged up slightly. The state-owned lender has raised Rs 1,800 crore by issuing Basel-III-compliant bonds. <\/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 Follow Global Peers Lower<\/a><br \/>\n<br \/>2021-10-01 04:20:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares followed global peers lower on Friday as investors fretted about the timing and pace of the Fed&#8217;s monetary easing plan. The benchmark 30-share BSE Sensex dropped 376 points,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-14534","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asian-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14534","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=14534"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14535"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}