{"id":8144,"date":"2021-03-19T04:28:42","date_gmt":"2021-03-19T04:28:42","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/19\/sensex-nifty-extend-losses-as-bond-yields-spike\/"},"modified":"2021-03-19T04:28:42","modified_gmt":"2021-03-19T04:28:42","slug":"sensex-nifty-extend-losses-as-bond-yields-spike","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/19\/sensex-nifty-extend-losses-as-bond-yields-spike\/","title":{"rendered":"Sensex, Nifty Extend Losses As Bond Yields Spike"},"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 on Friday to extend losses for the sixth day as investors fretted over a continued surge in bond yields. <\/p>\n<p>The benchmark BSE Sensex dropped 330 points, or 0.7 percent, to 48,886 in early trade, while the broader NSE Nifty index was down 115 points, or 0.8 percent, at 14,443.<\/p>\n<p>Future Retail shares plunged 10 percent as the Delhi High Court upheld the Singapore International Arbitration Centre&#8217;s order restraining the company from going ahead with its Rs. 24,713 crore deal with Reliance Retail to sell its <span class=\"landLinks\">business<\/span>. Shares of Reliance Industries were down 0.6 percent. <\/p>\n<p>IT stocks were drifting lower despite Accenture raising its operating margin guidance for FY21.<\/p>\n<p>GAIL India lost 3 percent after signing Concession Agreement with Ranchi Municipal Corporation for setting up Compressed Biogas Plant in Ranchi.<\/p>\n<p>Maruti Suzuki and Tata Motors were down 2-3 percent after the government announced vehicle scrappage policy. <\/p>\n<p>Bharti Airtel edged up slightly. TPG-owned The Rise Fund is investing $200 million in Airtel Mobile Commerce (AMC) BV, the mobile money business of the telecom major&#8217;s Africa unit.<\/p>\n<p>Adani Green Energy fell nearly 3 percent on fund raising reports.<\/p>\n<p>Godrej Industries declined 1.4 percent. ICRA has assigned &#8216;AA&#8217; rating to the company&#8217;s proposed issue of non-convertible debentures of up to Rs 1,500 crore. <\/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 Extend Losses As Bond Yields Spike<\/a><br \/>\n<br \/>2021-03-19 04:28:42<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares fell on Friday to extend losses for the sixth day as investors fretted over a continued surge in bond yields. The benchmark BSE Sensex dropped 330 points, or&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8145,"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-8144","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8144","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=8144"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8144\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8145"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}