August 18, 2026 06:44 am (IST)

Make this your homepage

All Finance

BJP reshuffles top organisation seven months after Nitin Nabin's elevation | West Bengal STF arrests suspected aide of ISI 'agent' Rana Rauf in Kolkata | ‘Very hopeful’: Indian envoy Dinesh Trivedi breaks silence on PM Tarique Rahman’s proposed India visit | Shehzad Poonawalla doubles down on BJP exit, urges party to accept resignation | Tarapith tragedy: Seven pilgrims killed as hotel goes up in flames before dawn | Bengal STF nabs suspected aide of ISI 'agent' Rana Rauf in Kolkata | After SC rebuke, BCI chief apologises to NALSAR students over enrolment freeze row | Independence Day: PM Modi’s big youth pitch— AI training, free coaching amid exam row and job concerns | ‘Shakti Ki Saptadhara’: Modi reveals 7 pillars to power India’s next leap in his I-Day speech from Red Fort | West Bengal STF arrests 3 more suspected Pakistani spies in Cooch Behar

Indian markets disappoint on Tuesday

India Blooms News Service | | Aug 16, 2016, at 09:48 pm

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.

#Sensex #Nifty #Indian stock market #July WPI #food inflation

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.

India
International

Related Images

In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata Jul 19, 2026, at 10:57 pm

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am