{"id":58714,"date":"2025-04-17T04:18:49","date_gmt":"2025-04-17T04:18:49","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/04\/17\/sensex-nifty-marginally-lower-in-early-trade-wipro-shares-tumble-6\/"},"modified":"2025-04-17T04:18:49","modified_gmt":"2025-04-17T04:18:49","slug":"sensex-nifty-marginally-lower-in-early-trade-wipro-shares-tumble-6","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/04\/17\/sensex-nifty-marginally-lower-in-early-trade-wipro-shares-tumble-6\/","title":{"rendered":"Sensex, Nifty Marginally Lower In Early Trade; Wipro Shares Tumble 6%"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares were subdued on Thursday as investors fretted about escalating U.S.-China trade tensions and a deteriorating outlook for global trade.<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex was down 75 points at 76,969, recoupling some early loss. The broader NSE Nifty index dropped 40 points to 23,396.<\/p>\n<p>Wipro plunged nearly 6 percent after warning about tariff related uncertainties in FY26. <\/p>\n<p>&#8220;Tariffs are creating a lot of uncertainty. A large transformation project was paused by a client this quarter,&#8221; its CEO said.<\/p>\n<p>Infosys and Jio Financial Services were down 1-2 percent ahead of their earnings results due today. <\/p>\n<p>Hero MotoCorp declined 2.3 percent as it declared a temporary halt in production from April 17 to 19 at four of its manufacturing facilities, citing short-term supply alignment.<\/p>\n<p>UltraTech Cement fell more than 1 percent. The company has agreed to acquire a 26 percent stake in AMPIN C&amp;I Power Eight, a company involved in the generation and transmission of renewable energy, for a consideration of Rs. 25 crores.<\/p>\n<p>Hindustan Unilever was down about 1 percent after filing a case in the Bombay High Court against Honasa Consumer, alleging that it has disparaged its brand.<\/p>\n<p>ICICI Bank rose over 1 percent after cutting the interest rate on its savings bank account by 25 basis points. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Marginally Lower In Early Trade; Wipro Shares Tumble 6%<\/a><br \/>\n<br \/>2025-04-17 04:18:49<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares were subdued on Thursday as investors fretted about escalating U.S.-China trade tensions and a deteriorating outlook for global trade. The benchmark S&amp;P\/BSE Sensex was down 75 points at&#8230;<\/p>\n","protected":false},"author":2,"featured_media":58715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-58714","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\/58714","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=58714"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58714\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/58715"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=58714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=58714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=58714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}