{"id":34911,"date":"2023-06-01T10:38:35","date_gmt":"2023-06-01T10:38:35","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/06\/01\/sensex-nifty-extend-losses-for-second-day-4\/"},"modified":"2023-06-01T10:38:35","modified_gmt":"2023-06-01T10:38:35","slug":"sensex-nifty-extend-losses-for-second-day-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/06\/01\/sensex-nifty-extend-losses-for-second-day-4\/","title":{"rendered":"Sensex, Nifty Extend Losses For Second Day"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended Thursday&#8217;s lackluster session slightly lower, with financials and telecom stocks pacing the declines. <\/p>\n<p>Markets traded rangebound for the session despite several positive factors such as strong Q4 GDP data, signs of progress on the U.S. debt ceiling bill and receding bets for a rate hike by the U.S. Federal Reserve this month.<\/p>\n<p>The benchmark S&amp;P BSE Sensex fell 193.70 points, or 0.31 percent, to 62,428.54, extending losses for a second consecutive session. <\/p>\n<p>The broader NSE Nifty index settled 46.65 points, or 0.25 percent, lower at 18,487.75.<\/p>\n<p>Mid-cap and small-cap stocks posted strong gains, with corresponding indexes on the BSE rising 0.1 percent and 0.6 percent respectively. <\/p>\n<p>Coal India led losses to close 4.7 percent lower after the government proposed to sell 3 percent stake in the company via an offer for sale. <\/p>\n<p>Kotak Mahindra followed suit to end 4.2 percent lower while HDFC Life, SBI Life and Bharti Airtel lost 2-3 percent. <\/p>\n<p>On the positive side, Hero Moto Corp, Tata Motors, Bajaj Auto, Divis Laboratories and Apollo Hospitals Enterprises jumped 2-4 percent. <\/p>\n<p>Sobha soared 6.8 percent to extend recent gains on strong Q4 numbers. <\/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 Extend Losses For Second Day<\/a><br \/>\n<br \/>2023-06-01 10:38:35<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended Thursday&#8217;s lackluster session slightly lower, with financials and telecom stocks pacing the declines. Markets traded rangebound for the session despite several positive factors such as strong Q4&#8230;<\/p>\n","protected":false},"author":2,"featured_media":34912,"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-34911","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/34911","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=34911"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/34911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/34912"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=34911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=34911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=34911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}