{"id":8574,"date":"2021-04-05T10:29:55","date_gmt":"2021-04-05T10:29:55","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/05\/sensex-nifty-tumble-on-covid-19-worries\/"},"modified":"2021-04-05T10:29:55","modified_gmt":"2021-04-05T10:29:55","slug":"sensex-nifty-tumble-on-covid-19-worries","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/05\/sensex-nifty-tumble-on-covid-19-worries\/","title":{"rendered":"Sensex, Nifty Tumble On Covid-19 Worries"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares fell sharply on Monday as concerns over the rapidly increasing Covid-19 cases in the country spooked investors. <\/p>\n<p>India recorded over 1 lakh <span class=\"landLinks\">coronavirus<\/span> cases on Sunday, marking the highest single-day rise since the pandemic began last year.<\/p>\n<p>Sentiment was also dented after Maharashtra government announced new curbs in the state that includes a night curfew and a weekend lockdown.<\/p>\n<p>The benchmark S&amp;P BSE Sensex hit as low as 48,580.80 before seeing some intraday recovery to end the session down 870.51 points, or 1.74 percent, at 49,159.32. <\/p>\n<p>The broader NSE Nifty index ended down 229.55 points, or 1.54 percent, at 14,637.80.<\/p>\n<p>Rate sensitive auto and banking stocks witnessed selling pressure ahead of the Reserve Bank of India (RBI) policy announcement while IT stocks bucked the weak trend, tracking a weakening rupee. <\/p>\n<p>Mahindra &amp; Mahindra, Eicher Motors, SBI, IndusInd Bank and Bajaj Finance fell 4-6 percent in the Nifty pack. Among the top gainers, Infosys, Britannia Industries, Wipro, TCS and HCL Technologies rose 2-3 percent. <\/p>\n<p>Shares of multiplex chain operators PVR and Inox Leisure lost 4-5 percent after the Maharashtra state government ordered shutting down of cinema halls, theatres and multiplexes for public access until further notice to bring the spread of Covid-19 under control.<\/p>\n<p>Adani Total Gas soared 10 percent to extend recent gains. <\/p>\n<p>Adani Enterprises rallied 3 percent after its wholly-owned subsidiary Adani Road Transport won a Rs 1,169.10 crore highway project in Odisha from the National Highways Authority of India. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Tumble On Covid-19 Worries<\/a><br \/>\n<br \/>2021-04-05 10:29:55<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares fell sharply on Monday as concerns over the rapidly increasing Covid-19 cases in the country spooked investors. India recorded over 1 lakh coronavirus cases on Sunday, marking the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8575,"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-8574","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8574","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=8574"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8575"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}