{"id":270605,"date":"2019-04-23T05:33:19","date_gmt":"2019-04-23T05:33:19","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=270605"},"modified":"2019-04-23T05:33:19","modified_gmt":"2019-04-23T05:33:19","slug":"sensex-nifty-record-steepest-fall-of-2019-as-bulls-slip-on-oil-slick","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sensex-nifty-record-steepest-fall-of-2019-as-bulls-slip-on-oil-slick\/","title":{"rendered":"Sensex, Nifty record steepest fall of 2019 as bulls slip on oil slick"},"content":{"rendered":"<p>Mumbai: A surge in crude oil prices sent Sensex and Nifty to their steepest drop this year as investors rushed to sell shares today, fearing that rising oil prices will stoke inflation and lead to fiscal slippages in the Indian economy.<\/p>\n<p>The Sensex fell 495.10 points, or 1.26%, to 38,645.18 at the close of trading, while the NSE Nifty index dropped 1.35% to 11,594.45. Crude oil rose to a six-month high after the Trump administration in the US said it won\u2019t renew Iran oil waivers once they expire.<\/p>\n<p>India, the world\u2019s third-largest oil importer, is one of the eight countries that won a six-month waiver to continue importing crude oil from Iran after the US imposed sanctions on the West Asian nation in November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: A surge in crude oil prices sent Sensex and Nifty to their steepest drop this year as investors rushed to sell shares today, fearing that rising oil prices will stoke inflation and lead to fiscal slippages in the Indian economy. The Sensex fell 495.10 points, or 1.26%, to 38,645.18 at the close of trading, while the NSE Nifty index dropped 1.35% to 11,594.45. Crude oil rose to a six-month high after the Trump administration in the US said it won\u2019t renew Iran oil waivers once they expire. India, the world\u2019s third-largest oil importer, is one of the eight countries [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-270605","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=270605"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270605\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=270605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=270605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=270605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}