{"id":19251,"date":"2022-03-04T10:45:20","date_gmt":"2022-03-04T10:45:20","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/03\/04\/sensex-nifty-extend-losses-for-third-day-7\/"},"modified":"2022-03-04T10:45:20","modified_gmt":"2022-03-04T10:45:20","slug":"sensex-nifty-extend-losses-for-third-day-7","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/03\/04\/sensex-nifty-extend-losses-for-third-day-7\/","title":{"rendered":"Sensex, Nifty Extend Losses For Third Day"},"content":{"rendered":"
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Indian shares ended Friday’s session deep in the red and the rupee fell past the psychologically important 76\/$1 mark to hit a its lowest level since mid-December, as the Russia-Ukraine conflict intensified. <\/p>\n

As Russia’s offensive in Ukraine entered the ninth day, Russian forces have seized Ukraine’s Zaporizhzhia nuclear power plant after intense fighting during which shelling caused a fire to break out at a training facility on the site.<\/p>\n

The benchmark S&P BSE Sensex ended the session down 768.87 points, or 1.40 percent, at 54,333.81 while the broader NSE Nifty index dropped 252.70 points, or 1.53 percent, to 16,245.35.<\/p>\n

Both indexes fell around 2.5 percent for the week as Russia’s invasion of its neighbor stoked concerns about global growth and inflation risks.<\/p>\n

Tata Motors, Hero MotoCorp, Asian Paints, Maruti Suzuki India and Titan Company tumbled 4-5 percent in the Nifty pack, while UltraTech, BPCL, Tech Mahindra, ITC and Dr Reddy’s Laboratories rose 2-3 percent. <\/p>\n

Vedanta lost 5.1 percent after French financial services firm Societe Generale sold shares in the company via open market transactions. <\/p>\n<\/p>\n

Market Analysis<\/p>\n<\/div>\n