Today: 17 March 2026
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NSE:RBLBANK 19 January 2026

Why Sensex fell today: Reliance, ICICI and Wipro drag Indian stocks as Trump’s Greenland tariff threat bites

Why Sensex fell today: Reliance, ICICI and Wipro drag Indian stocks as Trump’s Greenland tariff threat bites

The Sensex fell 0.39% and the Nifty 50 slipped 0.42% on Monday, pressured by weak earnings from Reliance, ICICI Bank, and HDFC Bank. Wipro tumbled nearly 10% after a soft revenue forecast. Fresh U.S. tariff threats targeting Greenland and continued foreign investor selling added to the decline.

Stock Market Today

  • Wheat Futures Decline Amid Lower Export Inspections and Crude Oil Drop
    March 17, 2026, 1:21 AM EDT. Wheat futures fell sharply on Monday with Chicago SRW down by 11 to 12 cents, Kansas City HRW by 8 to 9 cents, and Minneapolis spring wheat by 7 to 9 cents at midday. Export inspections for the week ending March 2 showed 343,022 metric tons (12.6 million bushels) shipped, dropping 31.2% from the previous week and 30.81% below last year, led by shipments to Mexico, the Philippines, and Bangladesh. Despite this, marketing year shipments are up 18.67% year-over-year. Managed money reduced short positions in Chicago wheat while increasing net longs in Kansas City and Minneapolis futures, signaling mixed market sentiment. Meanwhile, crude oil prices fell $3.19, likely influencing wheat's downward pressure.
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