{"id":49106,"date":"2024-07-10T10:23:23","date_gmt":"2024-07-10T10:23:23","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/07\/10\/sensex-nifty-decline-as-investors-await-q1-earnings\/"},"modified":"2024-07-10T10:23:23","modified_gmt":"2024-07-10T10:23:23","slug":"sensex-nifty-decline-as-investors-await-q1-earnings","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/07\/10\/sensex-nifty-decline-as-investors-await-q1-earnings\/","title":{"rendered":"Sensex, Nifty Decline As Investors Await Q1 Earnings"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended Wednesday&#8217;s session lower as investors locked in some profits and sought cues from the upcoming earnings season.<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex dropped 426.87 points, or 0.53 percent, to 79,924.77 while the broader NSE Nifty index closed at 24,324.45, down 108.75 points, or 0.45 percent from its previous close. <\/p>\n<p>Among the prominent decliners, Mahindra &amp; Mahindra slumped 6.7 percent after slashing the starting price of its best-selling sports utility vehicle.<\/p>\n<p>HCL Technologies, TCS, Tata Steel and Hindalco all fell around 2 percent. <\/p>\n<p>On the positive side, Grasim, Britannia Industries, Divis Laboratories, SBI Life and Asian Paints rallied 1-3 percent. <\/p>\n<p>Cues from global <span class=\"landLinks\">markets<\/span> were mixed, Treasury yields edged up slightly and the dollar rose from a three-week low as investors awaited key U.S. inflation readings. <\/p>\n<p>Traders also eyed the second round of testimony by Federal Reserve Chair Jerome Powell, a day after he reiterated that officials seek more evidence inflation is slowing down. <\/p>\n<p>Oil prices stabilized after three days of losses as industry data showed declines in both crude and fuel stocks. <\/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 Decline As Investors Await Q1 Earnings<\/a><br \/>\n<br \/>2024-07-10 10:23:23<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended Wednesday&#8217;s session lower as investors locked in some profits and sought cues from the upcoming earnings season. The benchmark S&amp;P\/BSE Sensex dropped 426.87 points, or 0.53 percent,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":49107,"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-49106","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49106","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=49106"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/49107"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=49106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=49106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=49106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}