{"id":36699,"date":"2023-07-24T10:29:30","date_gmt":"2023-07-24T10:29:30","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/07\/24\/sensex-nifty-end-lower-with-earnings-in-focus\/"},"modified":"2023-07-24T10:29:30","modified_gmt":"2023-07-24T10:29:30","slug":"sensex-nifty-end-lower-with-earnings-in-focus","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/07\/24\/sensex-nifty-end-lower-with-earnings-in-focus\/","title":{"rendered":"Sensex, Nifty End Lower With Earnings In Focus"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended lower on Monday, with earnings and mixed global cues influencing trading sentiment. <\/p>\n<p>Market heavyweights including ITC, Reliance Industries and Kotak Mahindra Bank were among the top drags. <\/p>\n<p>The benchmark S&amp;P BSE Sensex ended the session down 299.48 points, or 0.45 percent, at 66,384.78 while the broader NSE Nifty index dropped 72.65 points, or 0.37 percent, to 19,672.35.<\/p>\n<p>IT shares slumped 4.3 percent after the company announced demerger of its hotels <span class=\"landLinks\">business<\/span>. <\/p>\n<p>Kotak Mahindra Bank tumbled 3.9 percent despite the private sector lender reporting positive Q1 results. <\/p>\n<p>Reliance Industries lost 2 percent after the diversified conglomerate on Friday reported a 11 percent drop in Q1 net profit, missing Street estimates.<\/p>\n<p>Tech Mahindra gave up 3.1 percent and Britannia Industries declined 1.5 percent while UltraTech Cement, Mahindra &amp; Mahindra, Dr Reddy&#8217;s Laboratories, SBI Life and IndusInd Bank rose 1-2 percent. <\/p>\n<p>Global cues were mixed as investors awaited central bank meetings in the U.S., Europe and Japan this week for additional clues on the rate outlook. <\/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 End Lower With Earnings In Focus<\/a><br \/>\n<br \/>2023-07-24 10:29:30<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended lower on Monday, with earnings and mixed global cues influencing trading sentiment. Market heavyweights including ITC, Reliance Industries and Kotak Mahindra Bank were among the top drags&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":36700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-36699","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/36699","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=36699"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/36699\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/36700"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=36699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=36699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=36699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}