{"id":56190,"date":"2025-02-13T10:29:13","date_gmt":"2025-02-13T10:29:13","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/02\/13\/sensex-nifty-give-up-early-gains-25\/"},"modified":"2025-02-13T10:29:13","modified_gmt":"2025-02-13T10:29:13","slug":"sensex-nifty-give-up-early-gains-25","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/02\/13\/sensex-nifty-give-up-early-gains-25\/","title":{"rendered":"Sensex, Nifty Give Up Early Gains"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares erased early gains to end on a flat note Thursday due to prevailing uncertainty over U.S. President Donald Trump&#8217;s plans for reciprocal tariffs and amid the weekly F&amp;O expiry. <\/p>\n<p>Trump could sign his reciprocal tariff plan that will match other countries&#8217; higher import taxes sometime later today. The new U.S. tariff rates would take effect &#8220;almost immediately&#8221;.<\/p>\n<p>It is feared that the new duties aimed at reshaping the U.S. trade policy may lead to a prolonged trade war and potential inflationary pressures.<\/p>\n<p>Markets opened on an upbeat note earlier as signs of a slowing <span class=\"landLinks\">economy<\/span> towards the end of 2024 and falling retail inflation reinforced the views that the Reserve Bank of India (RBI) will continue to loosen its monetary policy in coming months.<\/p>\n<p>Sentiment was also aided by falling oil prices after Trump said the U.S. and Russia will immediately begin negotiations toward ending the Ukraine conflict.<\/p>\n<p>The benchmark 30-share BSE Sensex hit an intraday high of 76,764.53 before giving up all gains to end the session down 32.11 points, or 0.04 percent, at 76,138.97.<\/p>\n<p>The Sensex ended lower for a seventh day running, marking its longest decline since November.<\/p>\n<p>The broader NSE Nifty index ended down 13.85 points, or 0.06 percent, at 23,031.40, after having surged to a high of 23,235.50   earlier. <\/p>\n<p>The BSE mid-cap index edged up marginally while the small-cap index slipped 0.4 percent. <\/p>\n<p>The market breadth was negative on the BSE, with 2,092 shares declining while 1,851 shares advanced and 131 shares ended unchanged. <\/p>\n<p>Adani Group stocks faced selling pressure, with Adani Enterprises and Adani Ports falling 4.9 percent and 1.9 percent, respectively. <\/p>\n<p>Larsen &amp; Toubro, Infosys and Hero MotoCorp all fell over 1 percent while Cipla, Bajaj Finance, Bajaj FinServ, Sun Pharma and Tata Steel rallied 2-3 percent. <\/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 Give Up Early Gains<\/a><br \/>\n<br \/>2025-02-13 10:29:13<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares erased early gains to end on a flat note Thursday due to prevailing uncertainty over U.S. President Donald Trump&#8217;s plans for reciprocal tariffs and amid the weekly F&amp;O&#8230;<\/p>\n","protected":false},"author":2,"featured_media":56191,"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-56190","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56190","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=56190"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/56191"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=56190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=56190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=56190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}