{"id":56736,"date":"2025-02-27T04:39:38","date_gmt":"2025-02-27T04:39:38","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/02\/27\/sensex-nifty-lack-direction-financials-surge\/"},"modified":"2025-02-27T04:39:38","modified_gmt":"2025-02-27T04:39:38","slug":"sensex-nifty-lack-direction-financials-surge","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/02\/27\/sensex-nifty-lack-direction-financials-surge\/","title":{"rendered":"Sensex, Nifty Lack Direction; Financials Surge"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares struggled for direction in early trade on Thursday due to prevailing uncertainty over U.S. President Donald Trump&#8217;s trade policies and ongoing FII selling.<\/p>\n<p>The benchmark 30-share BSE Sensex was up 28 points at 74,630 while the broader NSE Nifty index was marginally lower at 22,544.<\/p>\n<p>UltraTech Cement plummeted 5.2 percent after announcing its foray into the cables and wires <span class=\"landLinks\">business<\/span>.<\/p>\n<p>Grasim, Hero MotoCorp, Bajaj Auto and Trent all fell around 2 percent. <\/p>\n<p>SpiceJet tumbled 5 percent despite reporting turnaround results for the December 2024 quarter.<\/p>\n<p>Tata Power Company was down more than 1 percent after signing agreements for 5,000 MW renewable and clean energy projects in Assam.<\/p>\n<p>Financials traded higher, with Shriram Finance surging nearly 4 percent while IndusInd Bank, Bajaj Finance and Bajaj FinServ climbed 1-2 percent. <\/p>\n<p>Wipro rose about 1 percent after it announced plans to invest $200 million in its venture arm, Wipro Ventures, to back startups.<\/p>\n<p>Mastek was up 0.7 percent after winning multiple contracts worth $85 million from a U.K. public service department. <\/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 Lack Direction; Financials Surge<\/a><br \/>\n<br \/>2025-02-27 04:39:38<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares struggled for direction in early trade on Thursday due to prevailing uncertainty over U.S. President Donald Trump&#8217;s trade policies and ongoing FII selling. The benchmark 30-share BSE Sensex&#8230;<\/p>\n","protected":false},"author":2,"featured_media":56737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-56736","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56736","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=56736"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/56737"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=56736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=56736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=56736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}