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Markets Experience Turbulent Session, Marking 7th Consecutive Day of Declines

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On Thursday, benchmark indices experienced another tumultuous trading session, marking a seventh consecutive day of declines—the longest losing streak in three months. By the market’s close, the BSE Sensex fell by 32.11 points or 0.04%, settling at 76,138.97, while the Nifty 50 decreased by 13.85 points or 0.06%, finishing at 23,031.40.

While there was broad-based buying across various sectors, profit-taking in the latter half of the session resulted in a flat closing. Media, metal, pharma, and realty sectors saw gains of 0.5-1%, whereas auto, FMCG, IT, consumer durables, and PSU Bank sectors reported declines of 0.3-1%.

The Nifty Pharma index was the standout performer, advancing by 1.35% with 15 of its 20 constituents finishing in positive territory. Realty stocks saw a robust recovery, propelling the Nifty Realty index up by 0.81%. The Midcap index closed flat, while the smallcap index dropped by 0.4%. The Nifty Smallcap 100 index fell 0.37% to 15,973, while the Nifty Midcap 100 index gained 0.25%, closing at 50,881.

Among the top gainers on the Nifty 50 were Bajaj Finserv (3.39%), Sun Pharmaceutical Industries (3.10%), Tata Steel (3.00%), Bajaj Finance (2.37%), and Cipla (1.58%). Conversely, the biggest losers included Adani Enterprises (4.62%), Adani Ports & Special Economic Zone (1.54%), Hero Motocorp (1.47%), Infosys (1.07%), and Oil & Natural Gas Corporation (1.03%).

The Bank Nifty closed at 49,479.45, after reaching an intraday high of 49,836.1 and a low of 49,276.1. Over 230 stocks hit their 52-week lows on the BSE, including FDC, KIOCL, Varun Beverages, PI Industries, Balaji Amines, SKF India, Bharat Forge, Colgate Palmolive, Godrej Consumer, Cera Sanitary, Hero MotoCorp, Alembic Pharma, and Shoppers Stop, among others.

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Notable individual performers included SBI Cards & Payment Services, which rose by 6% to Rs 866, and Vodafone India, which rebounded by 7% to Rs 8.99. Shares of Jubilant Foodworks Limited climbed by 3.76% to Rs 665.10 following the release of their Q3FY25 results. Godrej Industries Ltd surged by up to 10% to Rs 893 after posting strong December quarter results.

Foreign Portfolio Investors (FPIs) continued their withdrawal from the stock market, pulling out ₹4,969 crore in the previous trading session alone, cumulatively totaling ₹22,098 crore in February. The market has been strained by modest Q3 earnings, inflated valuations, and a slowing economy, which have collectively affected investor sentiment. Additionally, tariff threats from Donald Trump and the US Federal Reserve’s hold on rate cuts have contributed to rising US bond yields.

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West Bengal Man Detained in Bengaluru over Alleged Terror Links

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Bengaluru: Bengaluru police have detained a 25-year-old man from West Bengal over his alleged links with a terror group.

The accused has been identified as Asafool Mallik. He is a native of Naopara village in West Bengal’s North 24 Parganas district.

Police detained Mallik in the Jigani area after receiving information about his alleged suspicious online activities.

According to the police, Mallik had allegedly established contact with a person identified as Imran Haider through Facebook. Haider, who is from Afghanistan, is suspected to have links with the Tehreek-e-Taliban Pakistan (TTP).

Police said Mallik allegedly wanted to travel to Afghanistan and join the group. He also allegedly discussed retaliatory attacks against the Pakistan Army and possible attacks in India.

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Mallik had reportedly applied for a visa to travel to Afghanistan. However, he later dropped the plan due to financial difficulties and family responsibilities, police said.

Mallik was living near APC Circle in Jigani. He had been working as a security guard at Tata Advanced Limited in the Jigani Industrial Area since December 2025.

Police said they received information about his activities while conducting patrols in the Bommasandra Industrial Area.

During questioning, Mallik allegedly said he was angry over what he believed were attacks on Muslims in Pakistan. He also reportedly expressed anger over Pakistan’s position on the Israel-Palestine conflict.

Police further said Mallik was allegedly being encouraged to retaliate if Muslims faced difficulties in India.

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Police later examined Mallik’s mobile phone. They allegedly found chats, voice calls and audio conversations between Mallik and Haider.

The police are now examining the chats, recordings and other material recovered from the phone.

The investigation is underway to determine the extent of Mallik’s alleged links with the terror network.

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Google Marks India’s Independence Day With Vibrant Doodle

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Mangaluru: India is celebrating its Independence Day on August 15, 2026. Google has joined the celebrations with a special Doodle on its homepage.

The colourful Doodle reflects India’s rich culture and heritage. It features patterns inspired by traditional Indian textiles.

The artwork replaces the usual Google logo with bright colours and traditional motifs. It gives the familiar logo a distinct Indian look.

The Doodle also highlights India’s cultural diversity. Its detailed designs are inspired by India’s traditional art and textile heritage.

India became independent from British rule on August 15, 1947. The day is celebrated across the country with flag-hoisting ceremonies, cultural programmes, parades and other patriotic events.

Kite flying and cultural activities are also part of the Independence Day celebrations in many parts of the country.

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India gained independence on August 15, 1947, after nearly two centuries of British rule.

The freedom struggle involved the sacrifices of millions of Indians. Several prominent leaders and freedom fighters played important roles in the movement.

READ MORE:India Celebrates Independence Day with Focus on Viksit Bharat

Mahatma Gandhi, Jawaharlal Nehru, Sardar Vallabhbhai Patel, Netaji Subhas Chandra Bose and Bhagat Singh are among the prominent figures associated with India’s freedom struggle.

As the nation celebrates Independence Day, Google’s special Doodle adds a colourful digital tribute to India’s history, culture and national spirit.

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India Celebrates Independence Day with Focus on Viksit Bharat

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New Delhi: India celebrates Independence Day on August 15, 2026. Prime Minister Narendra Modi led the national celebrations at the historic Red Fort in New Delhi.

The ceremony highlighted 150 years of the national song Vande Mataram. The event also focused on the power of the youth, or Yuva Shakti.

Prime Minister Modi stressed the vision of building a developed India, or Viksit Bharat, by 2047. He called on the youth to play a key role In achieving this goal.

For the first time in the history of the Red Fort celebrations, Vande Mataram was officially rendered during the ceremony.

Prime Minister Modi appeared in a traditional tie-and-dye red turban. He paired it with a white kurta and a chocolate-brown jacket.

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The celebrations followed the traditional state protocol. The national flag was hoisted at the Red Fort. A 21-gun salute was also given.

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A ceremonial Guard of Honour was presented to the Prime Minister. He later addressed the nation from the Red Fort.

The 2026 Independence Day celebrations combined India’s historic legacy with a strong message for the future. The focus remained on youth power and the goal of making India a developed nation by 2047.

 

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