{"id":45470,"date":"2024-04-02T04:29:21","date_gmt":"2024-04-02T04:29:21","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/04\/02\/sensex-nifty-subdued-in-early-trade-auto-and-it-stocks-lead-losses\/"},"modified":"2024-04-02T04:29:21","modified_gmt":"2024-04-02T04:29:21","slug":"sensex-nifty-subdued-in-early-trade-auto-and-it-stocks-lead-losses","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/04\/02\/sensex-nifty-subdued-in-early-trade-auto-and-it-stocks-lead-losses\/","title":{"rendered":"Sensex, Nifty Subdued In Early Trade; Auto And IT Stocks Lead Losses"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares were subdued in early trade on Tuesday as strong manufacturing data from the U.S. dented hopes of an early rate cut by the Federal Reserve.<\/p>\n<p>The benchmark S&amp;P BSE Sensex was down 50 points, or 0.1 percent, at 73,964 while the broader NSE Nifty index was down 12 points at 22,449.<\/p>\n<p>Among the prominent decliners, Hero MotoCorp, TCS, Wipro, Bajaj Finance and ICICI Bank fell 1-2 percent. <\/p>\n<p>Infosys shed 0.6 percent on receiving a demand notice of Rs. 341 crores from the income tax department.<\/p>\n<p>On the positive side, Adani Ports rallied 2.1 percent on brokerage upgrades.<br \/>IndusInd Bank, HDFC Bank, Bajaj Auto and BPCL rallied 1-3 percent. <\/p>\n<p>Aditya Birla Fashion soared 12 percent after it decided to demerge Madura <span class=\"landLinks\">business<\/span> into a separate listed entity. <\/p>\n<p>Anant Raj climbed 2 percent after an announcement that it has achieved pre-sales of Rs. 4,150 crores for its projects at Sector 63A Gurugram, Haryana. <\/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 Subdued In Early Trade; Auto And IT Stocks Lead Losses<\/a><br \/>\n<br \/>2024-04-02 04:29:21<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares were subdued in early trade on Tuesday as strong manufacturing data from the U.S. dented hopes of an early rate cut by the Federal Reserve. The benchmark S&amp;P&#8230;<\/p>\n","protected":false},"author":2,"featured_media":45471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-45470","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asian-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45470","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=45470"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/45470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/45471"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=45470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=45470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=45470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}