{"id":472428,"date":"2022-03-03T09:39:59","date_gmt":"2022-03-03T04:09:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=472428"},"modified":"2022-03-03T09:54:50","modified_gmt":"2022-03-03T04:24:50","slug":"stocks-slip-as-oil-prices-continue-to-soar-fed-says-rate-hikes-on-track","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/stocks-slip-as-oil-prices-continue-to-soar-fed-says-rate-hikes-on-track\/","title":{"rendered":"Stocks slip as oil prices continue to soar; Fed says rate hikes on track"},"content":{"rendered":"<p>India\u2019s benchmark indices slipped more than 2 per cent in intra-day trading on Wednesday, tracking weakness in global markets, as rising global oil prices continued to rattle investors. Concerns about the worsening of inflation, disruptions in global supply chains, and a slowdown in economic growth heightened as the Russia-Ukraine war entered the seventh day.<\/p>\n<p>The Sensex fell as much as 1,227 points, or 2.2 per cent, before recouping some of the losses. The index ended at 55,469 with a decline of 778 points, or 1.4 per cent. The Nifty50 index, on the other hand, dropped to a low of 16,479, but managed to end the day at 16,606, down 1.1 per cent. Banking and automobile stocks fell the most, while commodity stocks gained.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s benchmark indices slipped more than 2 per cent in intra-day trading on Wednesday, tracking weakness in global markets, as rising global oil prices continued to rattle investors. Concerns about the worsening of inflation, disruptions in global supply chains, and a slowdown in economic growth heightened as the Russia-Ukraine war entered the seventh day. The Sensex fell as much as 1,227 points, or 2.2 per cent, before recouping some of the losses. The index ended at 55,469 with a decline of 778 points, or 1.4 per cent. The Nifty50 index, on the other hand, dropped to a low of 16,479, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-472428","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/472428","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=472428"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/472428\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=472428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=472428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=472428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}