{"id":6856,"date":"2021-12-30T18:15:29","date_gmt":"2021-12-30T18:15:29","guid":{"rendered":"https:\/\/financeintellect.com\/home-page\/home\/?p=6856"},"modified":"2021-12-30T18:15:29","modified_gmt":"2021-12-30T18:15:29","slug":"domestic-indices-fall-further-as-investors-worry-over-rise-in-covid-19-cases","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/domestic-indices-fall-further-as-investors-worry-over-rise-in-covid-19-cases\/","title":{"rendered":"Domestic Indices fall further as investors worry over rise in Covid-19 cases"},"content":{"rendered":"<p>The domestic indices have not witnessed an upward trend in the last few days as investors became cautious due to reports of rise in Covid-19 cases in India.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Banking stocks, particularly PSU, came under selling pressure on Thursday as RBI financial stability report indicated that Non-Performing Assets would rise from 6.9 per cent in September 2021 to 8.1 per cent in September 2022.<\/p>\n<p>Although there were gains in IT and Healthcare sectors, selling in Banks and Auto sectors pushed the domestic indices lower.<\/p>\n<p>The 30-share pack Sensex fell 12.17 points or 0.02 per cent to close at 57,794.32 while its broader peer Nifty came down 9.65 points or 0.06 per cent to 17,203.95<\/p>\n<p>Shares of Dish TV fell one per cent ahead of AGM. RBL Bank fell 9 per cent as RBI approved appointment of new CEO. Casino operator Delta Corp fell 5 per cent as States increase curbs.<\/p>\n<p>KPL Global Infra rose 4 per cent on getting solar power project in Surat. India VIX, the barometer of volatility, increases 2 per cent as F&amp;O contracts expire.<\/p>\n<p>Among the top companies which gained, NTPC was on the top, rising 2.68 per cent. IndusInd Bank, HCL Tech, Titan, Cipla, Wipro, ONGC, Dr Reddy\u2019s Labs, TCS and HUL ended in the Green.<\/p>\n<p>Among the losers, Bajaj Auto was the topmost, falling 1.89 per cent, Reliance Industries , JSW Steel, Tata Steel, Maruti Suzuki, UPL, Tata Motors and BPCL were the other stocks that ended in the Red.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Market breadth was in favour of gainers as 1853 stocks ended in the green while 1509 others settled with cuts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The domestic indices have not witnessed an upward trend in the last few days as investors became cautious due to reports of rise in Covid-19 cases in India.\u00a0 Banking stocks, particularly PSU, came under selling pressure on Thursday as RBI financial stability report indicated that Non-Performing Assets would rise from 6.9 per cent in September [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":6347,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,8,5],"tags":[37,115,36,211],"class_list":["post-6856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-politics","category-india-inc","category-markets","tag-bse","tag-nifty","tag-nse","tag-sensex"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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