{"id":16318,"date":"2021-11-22T11:42:35","date_gmt":"2021-11-22T11:42:35","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/11\/22\/sensex-slumps-1170-points-nifty-ends-at-17416\/"},"modified":"2021-11-22T11:42:35","modified_gmt":"2021-11-22T11:42:35","slug":"sensex-slumps-1170-points-nifty-ends-at-17416","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/11\/22\/sensex-slumps-1170-points-nifty-ends-at-17416\/","title":{"rendered":"Sensex Slumps 1,170 Points; Nifty Ends At 17,416"},"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 ended with deeper cuts on Monday as weak listing of the country&#8217;s biggest-ever Paytm&#8217;s IPO, cancellation of RIL-Saudi Aramco deal, concerns over high valuations and heavy selling by foreign institutional investors added to the heightened volatility. <\/p>\n<p>The benchmark 30-share S&amp;P BSE Sensex plunged as much as 1,170 points, or 1.96 percent, to close at 58,465.89 while the broader NSE Nifty index ended down 348 points, or 1.96 percent, at 17,416.55.<\/p>\n<p>Market heavyweight Reliance Industries slumped 4.4 percent after it shelved a proposed deal to sell a 20 percent stake in its oil refinery and petrochemical <span class=\"landLinks\">business<\/span> to Saudi Aramco.<\/p>\n<p>Among other prominent losers, NTPC, Tata Motors, Bajaj FinServ and Bajaj Finance dropped 4-6 percent. <\/p>\n<p>Telecom major Bharti Airtel rallied 3.8 percent after increasing prepaid mobile tariffs by 20-25 percent and data top-up plans by 20-21 percent.<\/p>\n<p>JSW Steel advanced 1.6 percent and Asian Paints added 1.1 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 Slumps 1,170 Points; Nifty Ends At 17,416<\/a><br \/>\n<br \/>2021-11-22 11:42:35<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended with deeper cuts on Monday as weak listing of the country&#8217;s biggest-ever Paytm&#8217;s IPO, cancellation of RIL-Saudi Aramco deal, concerns over high valuations and heavy selling by&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16319,"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-16318","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16318","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=16318"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/16319"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=16318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=16318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=16318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}