{"id":7661,"date":"2021-02-26T04:14:49","date_gmt":"2021-02-26T04:14:49","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/02\/26\/sensex-down-772-points-nifty-dips-below-14900\/"},"modified":"2021-02-26T04:14:49","modified_gmt":"2021-02-26T04:14:49","slug":"sensex-down-772-points-nifty-dips-below-14900","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/02\/26\/sensex-down-772-points-nifty-dips-below-14900\/","title":{"rendered":"Sensex Down 772 Points; Nifty Dips Below 14,900"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares tumbled on Friday, tracking weak cues from global <span class=\"landLinks\">markets<\/span> as the 10-year U.S. Treasury yields continued to soar, reflecting expectations the Federal Reserve will have to raise rates sooner to keep inflation contained.<\/p>\n<p>Investors also await the Q3 GDP numbers due out later in the day for directional cues. <\/p>\n<p>The benchmark S&amp;P BSE Sensex plunged 772 points, or 1.5 percent, to 50,267 in early trade, while the broader NSE Nifty index was down 212 points, or 1.4 percent, at 14,885.<\/p>\n<p>Financials led losses, with HDFC Bank, HDFC, Axis Bank, ICICI Bank and IndusInd Bank giving up 3-4 percent. <\/p>\n<p>Dilip Buildcon rallied 2.3 percent after it emerged as the lowest bidder for two new HAM projects worth about Rs 2,241 crore.<\/p>\n<p>Bank of Baroda slumped 4.3 percent after its board approved raising up to Rs 4,500 crore via a qualified institutional placement.<\/p>\n<p>Jet Airways jumped 3.8 percent. The National Company Law Tribunal has granted time till 2 March to aviation regulator DGCA to respond on the airline&#8217;s slots issue.<\/p>\n<p>Eveready Industries climbed 3 percent on a Mint report that the Burman family may become joint promoters of the battery maker along with the Khaitan family. <\/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 Down 772 Points; Nifty Dips Below 14,900<\/a><br \/>\n<br \/>2021-02-26 04:14:49<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares tumbled on Friday, tracking weak cues from global markets as the 10-year U.S. Treasury yields continued to soar, reflecting expectations the Federal Reserve will have to raise rates&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7662,"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-7661","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7661","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=7661"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7662"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}