{"id":50114,"date":"2024-08-05T04:16:03","date_gmt":"2024-08-05T04:16:03","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/08\/05\/sensex-nifty-tumble-on-weak-global-cues-4\/"},"modified":"2024-08-05T04:16:03","modified_gmt":"2024-08-05T04:16:03","slug":"sensex-nifty-tumble-on-weak-global-cues-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/08\/05\/sensex-nifty-tumble-on-weak-global-cues-4\/","title":{"rendered":"Sensex, Nifty Tumble On Weak Global Cues"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened sharply lower on Monday as a weak July U.S. jobs report as well as disappointing earnings from the likes of Intel and Amazon ignited worries that the world&#8217;s largest <span class=\"landLinks\">economy<\/span> could be falling into a recession under the weight of the Federal Reserve&#8217;s policy of high interest rates.<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex was down 1,550 points, or 1.9 percent, at 79,531 in early trade, mirroring a global sell-off. The broader NSE Nifty index dipped 478 points, or 1.9 percent, to 24,239.<\/p>\n<p>LTIMindTree, Shriram Finance, Hindalco, ONGC and Tata Motors tumbled 3-4 percent in the Nifty pack while Britannia Industries and Sun Pharma both rose over 1 percent on defensive buying. <\/p>\n<p>Bank of India slumped 4 percent as it reported a 10 percent rise in quarterly profit.<br \/>NTPC dropped 2.1 percent after 3.66 million shares of the company changed hands in a block trade.<\/p>\n<p>Divis Laboratories fell 1.8 percent despite reporting 21 percent year-on-year growth in Q1 net profit. <\/p>\n<\/p>\n<\/div><\/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 Tumble On Weak Global Cues<\/a><br \/>\n<br \/>2024-08-05 04:16:03<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened sharply lower on Monday as a weak July U.S. jobs report as well as disappointing earnings from the likes of Intel and Amazon ignited worries that the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":50115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-50114","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\/50114","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=50114"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/50114\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/50115"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=50114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=50114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=50114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}