December 27, 2024 03:26 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Manmohan Singh will be remembered as a kind person, a learned economist, and a leader dedicated to reforms: PM Modi | Russian ambassador to India Denis Alipov grieves Manmohan Singh's demise | Mumbai terror attack shook Manmohan Singh badly, recalls former deputy NSA | I have lost a mentor and guide: Rahul Gandhi writes on Manmohan Singh's demise | Manmohan Singh left strong imprint on our economic policy over years: PM Modi | A rare leader who spoke softly but achieved monumental strides: Gautam Adani mourns Manmohan Singh's death | Instagram influencer and freelance RJ Simran Singh dies by suicide in Gurugram | Anna University sexual assault case: Accused is a DMK worker, claims BJP's Annamalai | Celebrities too responsible for crowd control: Telangana CM Revanth Reddy to Telugu filmdom amid Pushpa 2 stampede row | Boat capsizes off Calangute Beach in Goa; 1 killed, 20 rescued

Markets closed lower on Monday

| | Jun 14, 2016, at 04:01 am
#Sensex #Nifty #Index of Industrial Production #Reliance #Infosys #ICICI Bank
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.
Related Images
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
In Images: Glimpses from Bengali film Fatafati's premiere
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm
Gautam Adani meets Bangladesh PM Sheikh Hasina
Gautam Adani meets Bangladesh PM Sheikh Hasina Sep 06, 2022, at 06:46 am