{"id":18276,"date":"2022-02-07T04:31:25","date_gmt":"2022-02-07T04:31:25","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/02\/07\/sensex-nifty-open-lower-on-mixed-global-cues-2\/"},"modified":"2022-02-07T04:31:25","modified_gmt":"2022-02-07T04:31:25","slug":"sensex-nifty-open-lower-on-mixed-global-cues-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/02\/07\/sensex-nifty-open-lower-on-mixed-global-cues-2\/","title":{"rendered":"Sensex, Nifty Open Lower On Mixed Global Cues"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened lower on Monday after a strong U.S. jobs report raised expectations of aggressive policy tightening by the Federal Reserve. <\/p>\n<p>Investors also awaited the outcome of the RBI policy meeting this week and the central bank&#8217;s commentary on inflation for directional cues. <\/p>\n<p>The benchmark BSE Sensex dropped 164 points, or 0.3 percent, to 58,480 in early trade, while the broader NSE Nifty index was down 44 points, or 0.3 percent, at 17,516.<\/p>\n<p>PSU banks were losing ground, with SBI falling nearly 2 percent despite registering its highest quarterly profit.<\/p>\n<p>PNB tumbled 3 percent after cutting interest rates on savings accounts.<\/p>\n<p>Bank of Baroda gave up 3 percent despite reporting a doubling of quarterly net profit.<\/p>\n<p>Dr Reddy&#8217;s Laboratories was down 0.7 percent on reports it has submitted a proposal to the DCGI to register Sputnik Light vaccine as a booster dose against COVID-19.<\/p>\n<p>Reliance Industries dropped 1 percent after Jio announced an investment of $15 million in the U.S. tech firm Two Platforms Inc. <\/p>\n<p>Zee Entertainment Enterprises fell over 3 percent. IndusInd Bank has filed a bankruptcy case against the debt-laden company with the NCLT under the Insolvency and Bankruptcy Code.<\/p>\n<p>One97 Communications (Paytm) gained 1 percent after the company saw its revenue climb 89 percent in the December quarter.<\/p>\n<p>Tata Steel added 0.7 percent on posting robust earnings results for the December quarter. <\/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 Open Lower On Mixed Global Cues<\/a><br \/>\n<br \/>2022-02-07 04:31:25<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened lower on Monday after a strong U.S. jobs report raised expectations of aggressive policy tightening by the Federal Reserve. Investors also awaited the outcome of the RBI&#8230;<\/p>\n","protected":false},"author":2,"featured_media":18277,"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-18276","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/18276","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=18276"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/18276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/18277"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=18276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=18276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=18276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}