{"id":8581,"date":"2021-04-05T04:28:37","date_gmt":"2021-04-05T04:28:37","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/05\/sensex-down-400-points-in-early-trade-nifty-dips-below-14800\/"},"modified":"2021-04-05T04:28:37","modified_gmt":"2021-04-05T04:28:37","slug":"sensex-down-400-points-in-early-trade-nifty-dips-below-14800","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/05\/sensex-down-400-points-in-early-trade-nifty-dips-below-14800\/","title":{"rendered":"Sensex Down 400 Points In Early Trade; Nifty Dips Below 14,800"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened notably lower on Monday as investors digested the latest updates related to the Covid-19 situation in the country and awaited cues from the upcoming RBI&#8217;s monetary policy meeting.<\/p>\n<p>The benchmark S&amp;P BSE Sensex slumped 400 points, or 0.8 percent, to 49,629 in early trade, while the broader NSE Nifty index was down 93 points, or 0.6 percent, at 14,774.<\/p>\n<p>Oil marketing companies BPCL, HPCL and IOC fell 1-2 percent. Union Petroleum Minister Dharmendra Pradhan assured that petrol, diesel and LPG prices will reduce in the upcoming days.<\/p>\n<p>Reliance Capital tumbled 3 percent on news it has defaulted on interest payments on term loans of HDFC and Axis Bank. <\/p>\n<p>Adani Enterprises jumped 3.5 percent after its wholly-owned subsidiary Adani Road Transport won a Rs 1,169.10 crore highway project in Odisha.<\/p>\n<p>Maruti Suzuki India was down about 1 percent.  Its subsidiary Suzuki Motor Gujarat has commenced production at Plant C in its Ahmedabad facility. <\/p>\n<p>Reliance Industries dropped half a percent after it received shareholder approval to hive off its oil to chemical <span class=\"landLinks\">business<\/span> into a separate unit.<\/p>\n<p>HDFC fell over 2 percent. In a quarterly update, the mortgage lender announced that its individual loan business continued to exhibit improvement in the January-March quarter. <\/p>\n<p>Bajaj Auto lost more than 2 percent and TVS Motor Company edged down slightly after unveiling their monthly sales figures. <\/p>\n<p>SAIL surged nearly 5 percent. The company has registered its best ever quarterly sales at 4,27 million tons during Q4FY21. <\/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 Down 400 Points In Early Trade; Nifty Dips Below 14,800<\/a><br \/>\n<br \/>2021-04-05 04:28:37<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened notably lower on Monday as investors digested the latest updates related to the Covid-19 situation in the country and awaited cues from the upcoming RBI&#8217;s monetary policy&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8582,"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-8581","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8581","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=8581"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8582"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}