{"id":7540,"date":"2021-02-18T11:23:55","date_gmt":"2021-02-18T11:23:55","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/02\/18\/sensex-nifty-extend-losses-for-third-day\/"},"modified":"2021-02-18T11:23:55","modified_gmt":"2021-02-18T11:23:55","slug":"sensex-nifty-extend-losses-for-third-day","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/02\/18\/sensex-nifty-extend-losses-for-third-day\/","title":{"rendered":"Sensex, Nifty Extend Losses For Third Day"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares fell for the third straight session Thursday, with financials and automakers leading the market fall on the back of surging crude oil prices and rising bond yields. <\/p>\n<p>The S&amp;P BSE Sensex gyrated in an intra-day range of more than 700 points before ending the session down 379.14 points, or 0.73 percent, at 51,324.69. <\/p>\n<p>The broader NSE Nifty index also fluctuated between a high of 15,250.75 and a low of 15,078.05 before settling at 15,118.95, down 89.95 points or 0.59 percent, from its previous close. <\/p>\n<p>Shree Cement, Kotak Mahindra Bank, Mahindra &amp; Mahindra, Tata Motors and Bajaj Finance all fell over 2 percent, while IOC, BPCL, GAIL and ONGC surged 4-8 percent as Brent crude oil surged above $65 a barrel, a level not seen since last January.<\/p>\n<p>Dixon Technologies jumped 4 percent after the Union Cabinet approved Production Linked Incentive (PLI) norms for the telecom and network equipment manufacturing in order to boost local manufacturing of the components.<\/p>\n<p>Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India all hit their upper circuit limits after Reuters reported that these could be part of government&#8217;s privatization drive next fiscal year. <\/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 Extend Losses For Third Day<\/a><br \/>\n<br \/>2021-02-18 11:23:55<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares fell for the third straight session Thursday, with financials and automakers leading the market fall on the back of surging crude oil prices and rising bond yields. The&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-7540","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7540","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=7540"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7541"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}