March 26, 2026 02:18 pm (IST)
Follow us:
Indian markets disappoint on Tuesday
Mumbai, Aug 16 (IBNS): The day after I-Day did not prove to be lucky for the Indian market as the market endedTuesday in the red, with Sensex down 87.79 points to 28064.61 and Nifty down 29.60 points to 8642.55.
According to media reports, disappointing macroeconomic data and weak trends in Asian markets were largely responsible for the decline.
Overall, IT, consumer durables, capital goods, auto and healthcare sectors could not put in a satisfactory performance.
Stock prices also fell on the news that India's July WPI rose to a two-year high of 3.55 per cent.
Infosys shares fell to their lowest since December 9, 2015 after the Royal Bank of Scotland (RBS) cancelled a contract to provide IT services to set up a separate Bnk in the UK, media reported.
On Tuesday, Cipla, Adani Ports, Tata Steel, SBI and L&T were some of the key gainers while Sun Pharma, Tata Motors, TCS, HDFC and Wipro were some of the key losers.
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
Space shares soar amid reports of Elon Musk’s SpaceX eyeing an IPO
Thu, Mar 26 2026
Dada’s next innings for a sustainable future: Sourav Ganguly joins hands with Jakson Group
Wed, Mar 25 2026
L&T gains 3% after securing Assam water management project
Wed, Mar 25 2026
Sensex surges 1,200 pts, Nifty tops 23,300 as markets rally; experts warn of volatility
Wed, Mar 25 2026
Epic Games axes 1,000 employees — Is Fortnite losing its magic?
Wed, Mar 25 2026
What to Do When Home Loan Interest Rates Go Up
Tue, Mar 24 2026