{"id":24975,"date":"2022-08-19T04:23:28","date_gmt":"2022-08-19T04:23:28","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/08\/19\/sensex-nifty-struggle-for-direction-in-early-trade-3\/"},"modified":"2022-08-19T04:23:28","modified_gmt":"2022-08-19T04:23:28","slug":"sensex-nifty-struggle-for-direction-in-early-trade-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/08\/19\/sensex-nifty-struggle-for-direction-in-early-trade-3\/","title":{"rendered":"Sensex, Nifty Struggle For Direction In Early Trade"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares struggled for direction in early trade on Friday, tracking mixed global cues and rising oil prices. <\/p>\n<p>The benchmark S&amp;P BSE Sensex was marginally lower at 60,280 while the broader NSE Nifty index was down 2 points at 17,954.<\/p>\n<p>Coal India, Apollo Hospitals Enterprise and IndusInd Bank fell 1-2 percent in the Nifty pack, while Larsen &amp; Toubro, Kotak Mahindra Bank, ONGC, Adani Ports and Tech Mahindra gained 1-2 percent. <\/p>\n<p>HDFC Bank and PNB were moving lower after hiking interest rates on deposits.<\/p>\n<p>Mahindra &amp; Mahindra was little changed despite reports that it is exploring the possibility of acquiring General Motors&#8217; Talegaon factory in Maharashtra. <\/p>\n<p>Reliance Industries edged down slightly while ONGC added 1.6 percent after the government lowered the windfall gain tax on domestically produced petroleum crude.<\/p>\n<p>At the same time, the government has hiked the windfall profit tax on the export of diesel and brought back a tax on jet fuel exports.<\/p>\n<p>Max Healthcare Institute fell 2.3 percent after HDFC Asset Management Company increased its stake in the company.<\/p>\n<p>Wipro rose 1.2 percent after it signed a multi-year contract to deliver service integration and management services to the U.K. government treasury.<\/p>\n<p>JK Tyre Industries dropped more than 1 percent after raising prices by 6-7 percent. <\/p>\n<\/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 Struggle For Direction In Early Trade<\/a><br \/>\n<br \/>2022-08-19 04:23:28<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares struggled for direction in early trade on Friday, tracking mixed global cues and rising oil prices. The benchmark S&amp;P BSE Sensex was marginally lower at 60,280 while the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":24976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-24975","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/24975","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=24975"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/24975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/24976"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=24975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=24975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=24975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}