{"id":105582,"date":"2021-01-27T05:09:34","date_gmt":"2021-01-27T05:09:34","guid":{"rendered":"https:\/\/fin2me.com\/?p=105582"},"modified":"2021-01-27T05:09:34","modified_gmt":"2021-01-27T05:09:34","slug":"indian-shares-slip-as-reliance-falls-after-amazon-tries-to-block-future-deal","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/indian-shares-slip-as-reliance-falls-after-amazon-tries-to-block-future-deal\/","title":{"rendered":"Indian shares slip as Reliance falls after Amazon tries to block Future deal"},"content":{"rendered":"<figcaption>A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, December 11, 2018. REUTERS\/Francis Mascarenhas\/File Photo<\/figcaption><p>BENGALURU (Reuters) &#8211; Indian shares opened lower on Wednesday, weighed down by heavyweight Reliance Industries after U.S. e-commerce giant Amazon.com requested a court to block Future Group\u2019s $3.4 billion retail asset sale to the conglomerate.<\/p>\n<p>The blue-chip NSE Nifty 50 index fell 0.57% to 14,157.30, while the benchmark S&amp;P BSE Sensex slipped 0.56% to 48,059.52 by 0353 GMT.<\/p>\n<p>Shares of Reliance Industries slipped 1.96% and was the top drag on the Nifty.<\/p>\n<p>Future Retail opened 4.9% lower after Amazon.com asked the Delhi High Court to enforce a Singapore arbitrator\u2019s decision and also called for Future Group\u2019s chief executive officer to be detained.<\/p>\n<p>Investors are also eyeing a slew of corporate results due later in the day, including private sector lender Axis Bank and consumer giant Hindustan Unilever.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/india-stocks\/indian-shares-slip-as-reliance-falls-after-amazon-tries-to-block-future-deal-idUSL4N2K213G\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, December 11, 2018. REUTERS\/Francis Mascarenhas\/File PhotoBENGALURU (Reuters) &#8211; [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":105581,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Indian shares slip as Reliance falls after Amazon tries to block Future deal - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/indian-shares-slip-as-reliance-falls-after-amazon-tries-to-block-future-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian shares slip as Reliance falls after Amazon tries to block Future deal - Fin2me\" \/>\n<meta property=\"og:description\" content=\"A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, December 11, 2018. 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