{"id":16690,"date":"2021-12-03T10:47:41","date_gmt":"2021-12-03T10:47:41","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/12\/03\/sensex-slumps-765-points-nifty-ends-below-17200\/"},"modified":"2021-12-03T10:47:41","modified_gmt":"2021-12-03T10:47:41","slug":"sensex-slumps-765-points-nifty-ends-below-17200","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/12\/03\/sensex-slumps-765-points-nifty-ends-below-17200\/","title":{"rendered":"Sensex Slumps 765 Points; Nifty Ends Below 17,200"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended deep in the red on Friday, with heavyweights such as Reliance Industries and private banks pacing the decliners.<\/p>\n<p>Key benchmark indexes opened with gains earlier, but succumbed to selling pressure later in the day, despite firm cues from Asia and Europe.<\/p>\n<p>The benchmark 30-share BSE Sensex plunged 764.83 points, or 1.31 percent, to 57,696.46 while the broader NSE Nifty index ended down 204.95 points, or 1.2 percent, at 17,196.70.<\/p>\n<p>HDFC Life, Asian Paints, Kotak Mahindra Bank, Reliance Industries and Power Grid Corp lost 2-4 percent while energy stocks such as ONGC, IOC and BPCL rose 1-2 percent, tracking gains in oil prices. <\/p>\n<p>Oil extended overnight gains and was up nearly 3 percent in European trade after OPEC+ agreed to stick to their existing policy of monthly oil output increases but left room for quick adjustments if the Omicron variant hits demand.<\/p>\n<p>Telecom major Vodafone Idea soared 12.5 percent to hit a 52-week high after reports that the Department of Telecommunications (DoT) has started releasing bank guarantees (BGs) issued by Bharti Airtel and Vodafone Idea. <\/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 Slumps 765 Points; Nifty Ends Below 17,200<\/a><br \/>\n<br \/>2021-12-03 10:47:41<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended deep in the red on Friday, with heavyweights such as Reliance Industries and private banks pacing the decliners. Key benchmark indexes opened with gains earlier, but succumbed&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16691,"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-16690","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16690","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=16690"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/16691"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=16690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=16690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=16690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}