December 08, 2025 09:10 pm (IST)
Follow us:
Indian stock market drops to 19-month low on Friday
Mumbai, Jan 15 (IBNS): The Indian stock market suffered the sharp correction in oil prices on Friday and dropped to its 19-month low, with the BSE Sensex declining by 1.28% to 24455.04 and Nifty declining by 1.31% to 7437.80.
The Indian Rupee could not stem its fall for the second consecutive day, on Friday,and dipped to a fresh 28-month low to 67.59 against the US dollar.
Hindustan Unilever's earnings disappointed analysts with the company's profits declining 22.4% from the same time a year ago; revenue increased 2.7% with volume growth of 6%.
Zee Entertainment's revenue was up 17% but its profit fell 11%.
The banking sector took a major hit with the SBI, Bank of Baroda, Punjab National Bank and Axis Bank ended as losers.
Vedanta, Tata Steel and Hindalco Industries were the losers among the major metal companies.
Share prices of Tata Motors, L&T, Adani Ports, NTPC, GAIL, ONGC and BHEL also saw a decline.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
$2 billion mega deal! HD Hyundai to build shipyard in Tamil Nadu — a game changer for India
Mon, Dec 08 2025
Protinex, Farex, Dexolac under Tata? Massive deal in final stages
Mon, Dec 08 2025
Manohar Lal reveals how AI, Machine Learning will completely revolutionize India’s power sector
Sun, Dec 07 2025
India’s UPI is going further global! 8 new countries in talks for payment revolution
Sat, Dec 06 2025
Netflix to acquire Warner Bros. for $82.7 billion — the entertainment world will never be the same
Sat, Dec 06 2025
How to Use a Savings Account Interest Calculator to Maximize Savings
Fri, Dec 05 2025