{"id":9385,"date":"2021-05-03T10:46:27","date_gmt":"2021-05-03T10:46:27","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/03\/sensex-nifty-recover-from-early-slide\/"},"modified":"2021-05-03T10:46:27","modified_gmt":"2021-05-03T10:46:27","slug":"sensex-nifty-recover-from-early-slide","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/03\/sensex-nifty-recover-from-early-slide\/","title":{"rendered":"Sensex, Nifty Recover From Early Slide"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended narrowly mixed on Monday after a sharp gap-down opening as the Supreme Court urged the Centre and states &#8220;to consider imposing a lockdown to break the chain in the interest of public welfare.&#8221;<\/p>\n<p>Industry body CII has also urged the government to take &#8220;strongest&#8221; national steps including curtailing economic activity to contain the spike in COVID-19 cases in the country.<\/p>\n<p>As daily <span class=\"landLinks\">coronavirus<\/span> cases near the 4 lakh mark, Crisil said the impact of state-announced restrictions is more clearly showing up across high frequency indicators.<\/p>\n<p>The benchmark S&amp;P 30-share BSE Sensex hit as low as 48,028.07 before ending the session down 63.84 points, or 0.13 percent, at 48,718.52. <\/p>\n<p>The broader NSE Nifty index ended up 3.05 points at 14,634.15 after hitting an intraday low of 14,416.25.<\/p>\n<p>Titan Company shares slumped 4.6 percent post Q4 results, while BPCL, Axis Bank and IndusInd Bank dropped 1-2 percent. <\/p>\n<p>Heavyweight Reliance Industries fell nearly 2 percent after its quarterly profit missed Street estimates. <\/p>\n<p>Kotak Mahindra Bank fell over 1 percent despite the private sector lender reporting a 33 percent year-on-year increase in standalone profit in the quarter ended March 2021.<\/p>\n<p>On the positive side, Maruti Suzuki India, Tata Steel, Adani Ports, Bharti Airtel and SBI Life climbed 2-5 percent.<\/p>\n<p>Shriram City Union Finance surged 8.7 percent after its quarterly profit nearly doubled. <\/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 Recover From Early Slide<\/a><br \/>\n<br \/>2021-05-03 10:46:27<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended narrowly mixed on Monday after a sharp gap-down opening as the Supreme Court urged the Centre and states &#8220;to consider imposing a lockdown to break the chain&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-9385","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asian-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9385","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=9385"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9386"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}