{"id":57202,"date":"2025-03-11T04:26:54","date_gmt":"2025-03-11T04:26:54","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/03\/11\/sensex-nifty-decline-on-growth-worries-indusind-bank-and-it-stocks-hit-hard\/"},"modified":"2025-03-11T04:26:54","modified_gmt":"2025-03-11T04:26:54","slug":"sensex-nifty-decline-on-growth-worries-indusind-bank-and-it-stocks-hit-hard","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/03\/11\/sensex-nifty-decline-on-growth-worries-indusind-bank-and-it-stocks-hit-hard\/","title":{"rendered":"Sensex, Nifty Decline On Growth Worries; IndusInd Bank And IT Stocks Hit Hard"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares were subdued on Tuesday on concerns about U.S. President Donald Trump&#8217;s flip-flop tariff policy and its impact on inflation, interest rates and global growth.<\/p>\n<p>The benchmark S&amp;P BSE Sensex was down 300 points, or 0.4 percent, at 73,815 in early trade while the broader NSE Nifty index dropped 74 points, or 0.3 percent, to 22,386.<\/p>\n<p>IT stocks led declines, with Tech Mahindra, Wipro and Infosys falling 2-3 percent.<\/p>\n<p>IndusInd Bank plunged 15 percent as more analysts downgraded their ratings on the stock following reports of derivative portfolio mismatch.<\/p>\n<p>Aditya Birla Capital declined 1.3 percent after investing Rs. 300 crores in its housing finance arm via a rights issue.<\/p>\n<p>On the positive side, Britannia Industries, Adani Enterprises, ICICI Bank, BPCL and Sun Pharma were up 1-2 percent. <\/p>\n<p>Bharat Electronics edged up slightly after a new order win. <\/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 Decline On Growth Worries; IndusInd Bank And IT Stocks Hit Hard<\/a><br \/>\n<br \/>2025-03-11 04:26:54<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares were subdued on Tuesday on concerns about U.S. President Donald Trump&#8217;s flip-flop tariff policy and its impact on inflation, interest rates and global growth. The benchmark S&amp;P BSE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":57203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-57202","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/57202","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=57202"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/57202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/57203"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=57202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=57202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=57202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}