{"id":67775,"date":"2025-12-17T04:33:01","date_gmt":"2025-12-17T04:33:01","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/12\/17\/indian-shares-struggle-for-direction-in-early-trade\/"},"modified":"2025-12-17T04:33:01","modified_gmt":"2025-12-17T04:33:01","slug":"indian-shares-struggle-for-direction-in-early-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/12\/17\/indian-shares-struggle-for-direction-in-early-trade\/","title":{"rendered":"Indian Shares Struggle For Direction In Early Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares struggled for direction on Wednesday, mirroring weak cues from global <span class=\"landLinks\">markets<\/span> after new data showed the U.S. jobs market remains sluggish but not quickly deteriorating.<\/p>\n<p>The benchmark BSE Sensex was down 2 points at 84,677, giving up early gains. The broader NSE Nifty index edged up by 4 points to 25,865.<\/p>\n<p>Saregama India declined 1.5 percent after it acquired 9,960 compulsorily convertible preference shares in Bhansali Productions for Rs. 325 crore.<\/p>\n<p>Ola Electric Mobility dropped half a percent after promoter Bhavish Aggarwal divested more than 2.6 crore shares via a bulk transaction.<\/p>\n<p>Vedanta edged up slightly after receiving approval from the National Company Law Tribunal for its demerger plan. <\/p>\n<p>Kaynes Technology climbed 1.1 percent after it entered into two strategic collaborations with global <span class=\"landLinks\">technology<\/span> majors\u2014Japan&#8217;s AOI Electronics Co and Mitsui &amp; Co.<\/p>\n<p>Indian Overseas Bank tumbled 3.8 percent on news the government will divest up to 3 percent stake in the public sector lender through an offer for sale. <\/p>\n<p>Akzo Nobel India plunged 13 percent on reports that Imperial Chemical Industries will offload a 9 stake in the company through a block transaction.<\/p>\n<p>BPCL, HPCL and IOC were up around 1 percent each after the price of crude oil plummeted to its lowest levels since early 2021 overnight on supply glut concerns and increased optimism surrounding a potential Russia-Ukraine peace deal. <\/p>\n<\/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 \/>Indian Shares Struggle For Direction In Early Trade<\/a><br \/>\n<br \/>2025-12-17 04:33:01<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares struggled for direction on Wednesday, mirroring weak cues from global markets after new data showed the U.S. jobs market remains sluggish but not quickly deteriorating. The benchmark BSE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":67776,"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-67775","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/67775","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=67775"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/67775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/67776"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=67775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=67775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=67775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}