{"id":26258,"date":"2022-09-26T10:40:45","date_gmt":"2022-09-26T10:40:45","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/09\/26\/sensex-nifty-end-deep-in-red-it-stocks-gain-on-rupee-weakness\/"},"modified":"2022-09-26T10:40:45","modified_gmt":"2022-09-26T10:40:45","slug":"sensex-nifty-end-deep-in-red-it-stocks-gain-on-rupee-weakness","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/09\/26\/sensex-nifty-end-deep-in-red-it-stocks-gain-on-rupee-weakness\/","title":{"rendered":"Sensex, Nifty End Deep In Red; IT Stocks Gain On Rupee Weakness"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares fell for a fourth consecutive session on Monday and the rupee hit a record low for a third straight session, as investors fretted about faster inflation, aggressive central bank action and a possible global recession. <\/p>\n<p>The benchmark S&amp;P BSE Sensex plunged 953.70 points, or 1.64 percent, to 57,145.22, while the broader NSE Nifty index settled down 311.05 points, or 1.80 percent, at 17,016.30.<\/p>\n<p>Eicher Motors, Maruti Suzuki India, Hindalco, Tata Motors and Adani Ports tumbled 5-6 percent in the Nifty pack, while IT stocks such as TCS, Infosys and HCL Technologies rose between 0.6 percent and 1.4 percent on the back of a weakening rupee, which crashed to a new record low of 81.52 against the greenback earlier in the day. <\/p>\n<p>Asian Paints rose over 1 percent as oil prices continued to fall on demand worries. Paint is manufactured using a significant amount of petroleum-based raw materials. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/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 End Deep In Red; IT Stocks Gain On Rupee Weakness<\/a><br \/>\n<br \/>2022-09-26 10:40:45<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares fell for a fourth consecutive session on Monday and the rupee hit a record low for a third straight session, as investors fretted about faster inflation, aggressive central&#8230;<\/p>\n","protected":false},"author":2,"featured_media":26259,"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-26258","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/26258","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=26258"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/26258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/26259"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=26258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=26258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=26258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}