{"id":8000,"date":"2021-03-15T04:30:30","date_gmt":"2021-03-15T04:30:30","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/15\/sensex-nifty-down-over-1-percent-in-early-trade\/"},"modified":"2021-03-15T04:30:30","modified_gmt":"2021-03-15T04:30:30","slug":"sensex-nifty-down-over-1-percent-in-early-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/15\/sensex-nifty-down-over-1-percent-in-early-trade\/","title":{"rendered":"Sensex, Nifty Down Over 1 Percent 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 fell sharply in early trade on Monday as U.S. bond yields continued to hover near their 13-month peak amid bets that U.S. economic growth will accelerate after the passing of a massive stimulus package. <\/p>\n<p>Disappointing industrial output and retail inflation data released on Friday also weighed on <span class=\"landLinks\">markets<\/span>. <\/p>\n<p>The benchmark S&amp;P BSE Sensex slumped 565 points, or 1.1 percent, to 50,226 in early trade, while the broader NSE Nifty index was down 180 points, or 1.2 percent, at 14,850.<\/p>\n<p>Axis Bank fell over 2 percent. The private sector bank has signed a pact with Fettle Tone LLP and its partners for acquiring a 9.90 percent stake in Fettle Tone LLP&#8217;s partnership capital.<\/p>\n<p>Yes Bank lost 2.2 percent after the RBI rejected its proposal to set up an asset reconstruction company.<\/p>\n<p>Sun Pharma, Dr Reddy&#8217;s Laboratories and Aurobindo Pharma gave up 1-2 percent after announcing product recalls in the U.S. market for various reasons. <\/p>\n<p>Automakers were also moving lower despite reports that the government will announce special Production-Linked Incentive (PLI) benefits for sourcing for the auto sector.<\/p>\n<p>Tata Communications advanced 1.8 percent as the government proposed to sell its entire 26.12 percent stake in the telecom company. <\/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 Down Over 1 Percent In Early Trade<\/a><br \/>\n<br \/>2021-03-15 04:30:30<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares fell sharply in early trade on Monday as U.S. bond yields continued to hover near their 13-month peak amid bets that U.S. economic growth will accelerate after the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8001,"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-8000","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8000","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=8000"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8001"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}