{"id":54480,"date":"2024-12-30T10:29:16","date_gmt":"2024-12-30T10:29:16","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/30\/sensex-nifty-drift-lower-on-weak-global-cues-5\/"},"modified":"2024-12-30T10:29:16","modified_gmt":"2024-12-30T10:29:16","slug":"sensex-nifty-drift-lower-on-weak-global-cues-5","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/30\/sensex-nifty-drift-lower-on-weak-global-cues-5\/","title":{"rendered":"Sensex, Nifty Drift Lower On Weak Global Cues"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended lower on Monday after all three major U.S. averages sold off Friday, thwarting the seasonal Santa Claus rally on concerns about rising bond yields.<\/p>\n<p>A firmer dollar, foreign institutional investor (FII) outflows and a weakening rupee also dented sentiment as 2024 draws to a close. <\/p>\n<p>The benchmark S&amp;P\/BSE Sensex dropped 450.94 points, or 0.57 percent, to 78,248.13 after a choppy session, following weak cues from Asian and European <span class=\"landLinks\">markets<\/span>. <\/p>\n<p>The broader NSE Nifty index fell 168.50 points, or 0.71 percent, to 23,644.90, snapping a two-day winning run. <\/p>\n<p>Selling was broad-based, with Wipro, BEL, Trent, Tata Motors and Hindalco all falling around 2 percent. <\/p>\n<p>Adani Enterprises jumped 7.3 percent after a report that the company expects to see consolidated revenue grow at a CAGR of 17.5 percent and net earnings by 45.8 percent over 2023-24 fiscal year (FY24) and FY27. <\/p>\n<p>Tech Mahindra, HCL Technologies, IndusInd Bank and Shriram Finance all rose around 1 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 Drift Lower On Weak Global Cues<\/a><br \/>\n<br \/>2024-12-30 10:29:16<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended lower on Monday after all three major U.S. averages sold off Friday, thwarting the seasonal Santa Claus rally on concerns about rising bond yields. A firmer dollar,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":54481,"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-54480","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/54480","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=54480"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/54480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/54481"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=54480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=54480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=54480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}