{"id":9745,"date":"2021-05-14T04:29:01","date_gmt":"2021-05-14T04:29:01","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/05\/14\/sensex-nifty-struggle-for-direction\/"},"modified":"2021-05-14T04:29:01","modified_gmt":"2021-05-14T04:29:01","slug":"sensex-nifty-struggle-for-direction","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/05\/14\/sensex-nifty-struggle-for-direction\/","title":{"rendered":"Sensex, Nifty Struggle For Direction"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares struggled for direction in early trade on Friday, with concerns over rising inflation in the U.S. and lingering worries over the intense second of <span class=\"landLinks\">coronavirus<\/span> infections in the country keeping investors nervous. <\/p>\n<p>The benchmark S&amp;P BSE Sensex was up 60 points, or 0.1 percent, at 48,750 while the broader NSE Nifty index was little changed at 14,700, giving up early gains. <\/p>\n<p>IEX fell more than 3 percent. The company posted over 33 percent rise in its consolidated net profit for the March 2021 quarter.<\/p>\n<p>Vedanta declined 1.7 percent despite nearly doubling its quarterly profit.<\/p>\n<p>Piramal Enterprises lost 3.5 percent after posting a quarterly net loss. <\/p>\n<p>Asian Paints soared 9 percent. The company reported an 81.13 percent rise in its consolidated net profit for the fourth quarter ended March. <\/p>\n<p>Shriram City Union Finance edged up slightly after it bought over 4.44 crore shares of its housing finance subsidiary for Rs 200 crore.<\/p>\n<p>Apollo Tyres lost 3.3 percent despite reporting nearly four-fold rise in its quarterly consolidated net profit.<\/p>\n<p>Larsen &amp; Toubro rose half a percent, Dr Reddy&#8217;s Laboratories gained 1.4 percent and Cipla rallied 2 percent ahead of their quarterly results. <\/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 Struggle For Direction<\/a><br \/>\n<br \/>2021-05-14 04:29:01<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares struggled for direction in early trade on Friday, with concerns over rising inflation in the U.S. and lingering worries over the intense second of coronavirus infections in the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-9745","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9745","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=9745"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9746"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}