March 26, 2026 05:28 am (IST)
Follow us:
Markets closed lower on Monday
Mumbai, Jun 13 (IBNS) Following selling pressure in global equities and poor industrial output data, Indian benchmark indices too ended lower on Monday, with Sensex down 238.98 points to 26396.77 and Nifty down 59.45 points to 8110.60.
The market, which crashed intraday, was able to recover somewhat on the back of recovery in Reliance Industries and Infosys, according to media reports.
Industrial output, measured by Index of Industrial Production (IIP), contracted by 0.8 percent in April against 0.1 percent growth in March that revised from 0.3 percent earlier. Manufacturing (negative 3.1 percent) and capital goods (negative 24.9 percent) were largely responsible for the contraction.
ICICI Bank, HDFC, Tata Motors, L&T, Axis Bank, SBI, Bharti Airtel, ONGC, BHEL and Tata Steel were some of the leading companies that recorded a decline.
Reliance Industries, Infosys, Dr Reddy's Labs and Sun Pharma were some of the major gainers.
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
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