{"id":18286,"date":"2022-02-07T11:11:33","date_gmt":"2022-02-07T11:11:33","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/02\/07\/sensex-tanks-1024-points-nifty-nears-17200\/"},"modified":"2022-02-07T11:11:33","modified_gmt":"2022-02-07T11:11:33","slug":"sensex-tanks-1024-points-nifty-nears-17200","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/02\/07\/sensex-tanks-1024-points-nifty-nears-17200\/","title":{"rendered":"Sensex Tanks 1,024 Points; Nifty Nears 17,200"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares extended their losing streak for the third straight session on Monday, with banking, financials and fast-moving consumer goods (FMCG) stocks pacing the decliners. <\/p>\n<p>FII selling and weak global cues weighed on investor sentiment after a much stronger-than-expected U.S. jobs report lifted yields and added to the risk of an aggressive tightening by the Federal Reserve.<\/p>\n<p>The benchmark 30-share S&amp;P BSE Sensex slumped 1,023.63 points, or 1.75 percent, to close at 57,621.19, while the broader NSE Nifty index fell 302.70 points, or 1.73 percent, to settle at 17,213.60. <\/p>\n<p>Both the indexes opened on a flat note earlier in the day before falling deep into the red as the trade progressed. <\/p>\n<p>HDFC Life, Britannia Industries, HDFC Bank, Larsen &amp; Toubro and Tata Consumer Products lost 3-4 percent. <\/p>\n<p>On the positive side, Tata Steel, ONGC and Power Grid Corp roe 1-2 percent.<\/p>\n<p>Shares of InterGlobe Aviation, the parent of IndiGo, soared as much as 9.5 percent after the budget carrier posted a profit after tax of Rs 129.8 crore in the three months ended December 2021 versus a loss of Rs 620.1 crore in the year-ago period. <\/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 Tanks 1,024 Points; Nifty Nears 17,200<\/a><br \/>\n<br \/>2022-02-07 11:11:33<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares extended their losing streak for the third straight session on Monday, with banking, financials and fast-moving consumer goods (FMCG) stocks pacing the decliners. FII selling and weak global&#8230;<\/p>\n","protected":false},"author":2,"featured_media":18287,"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-18286","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/18286","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=18286"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/18286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/18287"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=18286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=18286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=18286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}