{"id":49679,"date":"2024-07-24T10:32:17","date_gmt":"2024-07-24T10:32:17","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/07\/24\/sensex-nifty-end-off-days-lows-financials-and-fmcg-stocks-lead-losses\/"},"modified":"2024-07-24T10:32:17","modified_gmt":"2024-07-24T10:32:17","slug":"sensex-nifty-end-off-days-lows-financials-and-fmcg-stocks-lead-losses","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/07\/24\/sensex-nifty-end-off-days-lows-financials-and-fmcg-stocks-lead-losses\/","title":{"rendered":"Sensex, Nifty End Off Day&#8217;s Lows; Financials And FMCG Stocks Lead Losses"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares fell modestly on Wednesday, with weak global cues and the government&#8217;s decision to raise tax on capital gains and on trading derivatives dampening sentiment.<\/p>\n<p>Global cues were weak as Google parent Alphabet and electric vehicle maker Tesla reported disappointing financial results and a survey showed Eurozone <span class=\"landLinks\">business<\/span> activity slowed further in July.<\/p>\n<p>Investor focus also shifted to key U.S. GDP and inflation data due this week that could influence the Federal Reserve&#8217;s rate trajectory.<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex fell 280 points, or 0.35 percent, to 80,149, extending losses to a fourth straight session.<\/p>\n<p>The broader NSE Nifty index dropped 65 points, or 0.27 percent, to 24,413. <br \/>The Sensex and Nifty hit intraday lows of 79,750 and 24,307, respectively before ending off their day&#8217;s lows. <\/p>\n<p>Financial and FMCG stocks led losses, with Bajaj Finance, Axis Bank, Britannia Industries, Tata Consumer Products and Bajaj FinServ all falling around 2 percent.<\/p>\n<p>On the positive side, Tata Motors, NTPC, BPCL, Tech Mahindra and HDFC Life jumped 2-4 percent. <\/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 Off Day&#8217;s Lows; Financials And FMCG Stocks Lead Losses<\/a><br \/>\n<br \/>2024-07-24 10:32:17<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares fell modestly on Wednesday, with weak global cues and the government&#8217;s decision to raise tax on capital gains and on trading derivatives dampening sentiment. Global cues were weak&#8230;<\/p>\n","protected":false},"author":2,"featured_media":49680,"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-49679","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49679","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=49679"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/49680"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=49679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=49679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=49679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}