The India women's team failed to convert opportunities into goals, losing their second consecutive group match against clinical Germany.
Mary Kom, Manika Batra and PV Sindhu shined the brightest while shooters and men’s hockey team endured a torrid time on Sunday.
Australia dominated from start to finish, while India struggled to get their act together, resulting in an embarrassing defeat.
The Indian women's hockey team fought valiantly in the first two quarters before losing the steam to go down 1-5 against the Netherlands.
The team was led by Balbir Singh Sr, who had established himself, by that time, as one of the greatest ever hockey players.
India was dealt a heartbreaking 1-0 loss against Pakistan in the final, but it was the fourth successive campaign that they had won a medal.
Fans were over the moon with the 1948 success but there were doubts regarding whether the nation could repeat the 1928-1936 hat-trick.
Indian men's hockey team beat New Zealand 3-2 in their opening match of Tokyo Olympics 2020 courtesy of a brace from Harmanpreet Singh.
They had won the silver medal in the previous edition, and three successive gold medals at the three editions before that.
India secured their first Olympic gold medal in the 1928 Amsterdam Olympics, with Dhyan Chand scoring three hat-tricks.