{"id":46786,"date":"2024-05-08T04:17:35","date_gmt":"2024-05-08T04:17:35","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/05\/08\/sensex-nifty-open-lower-dr-reddys-shares-down-4\/"},"modified":"2024-05-08T04:17:35","modified_gmt":"2024-05-08T04:17:35","slug":"sensex-nifty-open-lower-dr-reddys-shares-down-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/05\/08\/sensex-nifty-open-lower-dr-reddys-shares-down-4\/","title":{"rendered":"Sensex, Nifty Open Lower; Dr Reddy&#8217;s Shares Down 4%"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened on a tepid note Wednesday as investors reacted to hawkish Fed comments and watched closely the ongoing conflict in the Middle East. <\/p>\n<p>The benchmark S&amp;P BSE Sensex was up 180 points, or 0.2 percent, at 73,330 in early trade, while the broader NSE Nifty index was down 41 points, or 0.2 percent, at 22,261. <\/p>\n<p>Dr Reddy&#8217;s Laboratories tumbled nearly 4 percent despite Q4 profit climbing 36 percent year-on-year. <\/p>\n<p>Likewise, PB Fintech plunged 5.3 percent despite the company reporting a second straight quarter of profit in the January-March period.<\/p>\n<p>Sonata Software slumped 14 percent as it posted a 3 percent year-on-year fall in quarterly net profit on account of big deal decision delays.<\/p>\n<p>Among the prominent gainers, ONGC, Tata Steel, Maruti Suzuki India, BPCL and Coal India rose 1-2 percent. <\/p>\n<p>IRB Infrastructure rallied 2.3 percent as it reported a 45 percent rise in consolidated net profit for the March 2024 quarter.<\/p>\n<p>JSW Energy rose 1.2 percent after quarterly consolidated net profit jumped 22 percent from last year. <\/p>\n<p>Delta Corp jumped 3.7 percent after reporting a 41 percent rise in Q4 net profit. <\/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 Open Lower; Dr Reddy&#8217;s Shares Down 4%<\/a><br \/>\n<br \/>2024-05-08 04:17:35<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a tepid note Wednesday as investors reacted to hawkish Fed comments and watched closely the ongoing conflict in the Middle East. The benchmark S&amp;P BSE Sensex&#8230;<\/p>\n","protected":false},"author":2,"featured_media":46787,"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-46786","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/46786","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=46786"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/46786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/46787"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=46786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=46786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=46786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}