{"id":16423,"date":"2021-11-26T04:31:16","date_gmt":"2021-11-26T04:31:16","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/11\/26\/sensex-nifty-tumble-as-covid-worries-return-to-haunt-markets\/"},"modified":"2021-11-26T04:31:16","modified_gmt":"2021-11-26T04:31:16","slug":"sensex-nifty-tumble-as-covid-worries-return-to-haunt-markets","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/11\/26\/sensex-nifty-tumble-as-covid-worries-return-to-haunt-markets\/","title":{"rendered":"Sensex, Nifty Tumble As Covid Worries Return To Haunt Markets"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares were deep in the red on Friday as the detection of a new and possibly vaccine-resistant <span class=\"landLinks\">coronavirus<\/span> variant in South Africa sent investors scurrying toward the safety of bonds, the yen and the dollar.<\/p>\n<p>The benchmark 30-share BSE Sensex slumped 942 points, or 1.6 percent, to 57,852 in early trade, while the broader NSE Nifty index was down 301 points, or 1.7 percent, at 17,235.<\/p>\n<p>Titan Company, Tata Steel, Maruti Suzuki India, Kotak Mahindra Bank, Bajaj Finance and Bajaj FinServ all fell around 3 percent. <\/p>\n<p>ITC fell over 1 percent after announcing it has started clinical trials of a nasal spray for the prevention of Covid-19.<\/p>\n<p>HDFC lost 2.5 percent on fund raising reports. <\/p>\n<p>Bharti Airtel declined 1.7 percent even as Fitch Ratings affirmed its long-term foreign currency Issuer Default Rating (IDR) and senior unsecured rating.<\/p>\n<p>TCS edged up slightly on winning a multi-year deal from metal and mining company South32. <\/p>\n<p>JSW Energy gave up 2.6 percent after its board approved re-organization of renewable and thermal businesses.<\/p>\n<p>Piramal Enterprises shed 2.7 percent. Piramal Capital &amp; Housing Finance has announced a strategic partnership with API Holdings. <\/p>\n<\/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 Tumble As Covid Worries Return To Haunt Markets<\/a><br \/>\n<br \/>2021-11-26 04:31:16<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares were deep in the red on Friday as the detection of a new and possibly vaccine-resistant coronavirus variant in South Africa sent investors scurrying toward the safety of&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-16423","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16423","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=16423"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/16424"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=16423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=16423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=16423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}