{"id":20576,"date":"2022-04-11T10:58:48","date_gmt":"2022-04-11T10:58:48","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/04\/11\/sensex-nifty-tumble-on-interest-rate-concerns\/"},"modified":"2022-04-11T10:58:48","modified_gmt":"2022-04-11T10:58:48","slug":"sensex-nifty-tumble-on-interest-rate-concerns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/04\/11\/sensex-nifty-tumble-on-interest-rate-concerns\/","title":{"rendered":"Sensex, Nifty Tumble On Interest-rate Concerns"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares tumbled on Monday as firmer Treasury yields, lingering worries over the economic costs of war in Ukraine and a worsening <span class=\"landLinks\">coronavirus<\/span> outbreak in Shanghai dented investors&#8217; appetite for riskier assets. <\/p>\n<p>As inflation worries mount, market participants looked ahead to the ECB meeting and the release of U.S. inflation data this week for additional clues about the outlook for monetary policy.<\/p>\n<p>Closer home, benchmark 10-year bond yield spiked to its highest level in nearly three years today, raising expectations of faster rate hikes by the RBI in months ahead.<\/p>\n<p>The benchmark 30-share S&amp;P BSE Sensex ended the session down 482.61 points, or 0.81 percent at 58,964.57, while the broader NSE Nifty index dropped 109.40 points, or 0.62 percent, to close at 17,674.95.<\/p>\n<p>IT stocks led losses, with Wipro, Infosys and HCL Technologies losing 2-3 percent.<\/p>\n<p>TCS rose about 0.4 percent ahead of its earnings release later in the day.<\/p>\n<p>JSW Steel, Apollo Hospitals, Cipla, Adani Ports and Grasim climbed 1-3 percent. <\/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 Tumble On Interest-rate Concerns<\/a><br \/>\n<br \/>2022-04-11 10:58:48<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares tumbled on Monday as firmer Treasury yields, lingering worries over the economic costs of war in Ukraine and a worsening coronavirus outbreak in Shanghai dented investors&#8217; appetite for&#8230;<\/p>\n","protected":false},"author":2,"featured_media":20577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-20576","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/20576","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=20576"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/20576\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/20577"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=20576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=20576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=20576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}