After opening on a negative note, Indian share markets Slipped further as the session progressed and ended the day weak.Equity benchmark indices, BSE Sensex and NSE Nifty50, ended in negative territory on Wednesday.At the closing bell, the BSE Sensex stood lower by 692 points (down 0.9%).Meanwhile, the NSE Nifty closed lower by 208 points (down 0.9%).Titan, Nestle, and Apollo Hospital were among the top gainers today.HDFC Bank, BPCL, and Bajaj Finance on the other hand, were among the top losers today.The GIFT Nifty ended at 24,154 down by 190 points.Broader markets ended the day negative. The BSE Mid Cap ended 0.9% lower and the BSE Small Cap index ended 1.2% lower.Sectoral indices are trading on a negative note with stocks in the metal sector, telecom sector, and finance sector witnessing buying most selling pressure.Shares of Trent, Torrent Pharma, and Colgate hit their respective 52-week highs today.The rupee is trading at 83.96 against the US$.Gold prices for the latest contract on MCX are trading 0.3% lower at Rs 70,560 per 10 grams.Meanwhile, silver prices are trading 0.5% lower at Rs 83,960 per 1 kg.Here are four reasons why Indian Markets are falling today#1 Index Heavyweights DeclineMumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged by blue-chip.From the 30 Sensex firms, HDFC Bank, Tata Motors, Asian Paints, Bajaj Finance, Power Grid, and Hindustan Unilever were the biggest laggards.#2 FII SellingFrom the 30 Sensex firms, HDFC Bank, Tata Motors, Asian Paints, Bajaj Finance, Power Grid, and Hindustan Unilever were the biggest laggards.#3 Missing Trigger in EarningsThe June quarter result of India Inc. has been mixed so far, raising concerns that the market may not sustain the current valuation levels.#4 US Inflation DataMost of the other broader market indices also fell sharply, triggered by a sharp rise in volatility due to geopolitical uncertainty and anxiousness ahead of US inflation data.
 Hindalco Q1 ResultsIn news from the aluminium sector, Hindalco Industries reported on Tuesday, 13 August its Q1 FY25 net profit rose 25% on-year to Rs 30.7 bn.The Aditya Birla group company said its April-June consolidated revenue from operations rose 7.5% to Rs 570.1 bn.Revenue from the copper business came in at Rs 132.9 bn, up 15.6%, on account of higher shipments and realization, while revenue from aluminum upstream and downstream increased 9.6% and 18% respectively.The mining and metal major reported an EBITDA of Rs 79.9 bn in Q1 FY25, up 31% YoY, driven by lower input costs and higher volumes.Novelis’ net sales for the first quarter rose by 2% year-over-year (YoY) to reach US$ 4.2 bn, primarily due to higher average aluminum prices and an increase in overall shipments.Total shipments of flat rolled products were at 951 KT in Q1 FY25, up 8% YoY supported by normalised demand for beverage packaging sheets.The net income attributable to common shareholders dipped 3% to US$ 151 m in the first quarter of the fiscal year due to initial charges associated with flooding at the company’s Sierre, Switzerland, plant at the end of June, as well as higher restructuring and unfavorable metal price lag, largely offset by higher adjusted EBITDA.Hindalco Industries is an Indian aluminum and copper manufacturing company. The company is a subsidiary of the Aditya Birla Group.Hindalco is the largest aluminum rolling and recycling corporation in the world, as well as a major copper player. It is also one of Asia’s top primary aluminum producers
 Aarti Industries Down 15%. Here’s WhyMoving on to news from the pharma sector, shares of specialty chemicals maker Aarti Industries are sharply lower in trade, down by as much as 14% on concerns over pressure on margins.The management spoke to analysts during a concall on 12 August and said they would be able to decide on the EBITDA guidance of Rs 14.5 bn only after assessing the global landscape. There has been a fair amount of volatility in global prices and pressure of dumping from China.However, the volume growth guidance for the fiscal year has been maintained at 20-30%, though logistical concerns arising from disruptions in the Red Sea could hurt volume in some segments, the company admitted.The management is hopeful that a recovery of volumes and ramp-up of capacities along with higher operating leverages should be able to drive EBITDA growth.The company’s proposed capex could take the debt on books slightly higher to Rs 36 bn.Aarti Industries, the flagship company of the Aarti group, manufactures organic and inorganic chemicals.It has a strong position in speciality chemicals segment especially in the nitro-chlorobenzene (NCB) and di-chloro benzene (DCB)-based specialty chemicals.More By This Author:Sensex Today Trades Lower; Aarti Industries Down 10%Sensex Today Trades Lower; Adani Group Shares Down 6%Sensex Today Trades Lower; Nifty Below 24,250