Bravo stopped Portugal's first three spot kicks from Ricardo Quaresma, Joao Moutinho and Nani while Chile converted their first three to win the clash of South American and European champions.
Cristiano Ronaldo scored both goals as Portugal deservedly beat the Netherlands 2-1 on Sunday to reach the quarter-finals of Euro 2012 and eliminate the Dutch, beaten World Cup finalists two years ago.
The 31-year-old is still recovering from the knee injury which forced him to limp out of the Euro 2016 final against France in the first half, coach Fernando Santos said.
World Cup qualifiers Portugal were held 1-1 by Northern Ireland.
'It is commendable that India is able to persuade all sides.' 'It shows that India counts and finally, we are reaching a position where we can find a place in the sun at the global level.'
Seven-time world champion Lewis Hamilton overtook main rival Max Verstappen and Mercedes team mate Valtteri Bottas to win the Portuguese Grand Prix on Sunday and go eight points clear in the Formula One standings.
Portugal proved they can flourish without their talismanic forward Cristiano Ronaldo, at least on the pitch, in beating France to win Euro 2016. Coach Fernando Santos has been trying to reduce their dependency on Ronaldo and his team's ability to live without their alltime leading scorer and captain faced its ultimate test when he was went off injured after 25 minutes of Sunday's final. They passed with flying colours. Relieved of any obligation to pass to Ronaldo every time he was free or allow him to take free kicks, Portugal's players appeared less inhibited without him on the pitch.
Substitute Ricardo Quaresma turned in three minutes from the end of extra time as Portugal edged a tense encounter to book a UEFA Euro 2016 quarter-final date with Poland. After 116 minutes in which the teams failed to muster a single shot on target, Ivan Perisic headed against the upright.
The FIFA World Cup knock-out phase kicks-off on Saturday in Qatar. Here's an overview of the teams advancing to the last 16.
Cristiano Ronaldo has been one of Portugal's biggest culprits, missing an easy chance late in the 1-1 draw with Iceland and firing a penalty against the post late in the Austria match.
Euro 2016 finalists Portugal received a boost on Saturday when central defender Pepe trained with his teammates and appeared to be free of any injury problems.
After teetering on the brink of first-round elimination and being involved in the most boring match of the tournament, there is now a real chance Portugal could muddle their way through to the Euro 2016 final. A kind draw has left Portugal with an eminently winnable quarter-final against Poland which would be followed by a semi-final against Wales, Hungary or Belgium.
Chelsea signed Portugal's Brazilian-born playmaker Deco from Barcelona on Monday.
Cristiano Ronaldo scored his first goal for Al Nassr with a last-gasp penalty to salvage a 2-2 draw
Switzerland notched their first win at a European Championship finals when it least mattered by beating a second-string side from Euro 2008 quarter-finalists Portugal 2-0 on Sunday.
Daniel Jensen's stoppage time winner gave Denmark a 3-2 victory in Portugal in a World Cup Group One qualifier on Wednesday that featured four goals in the closing seven minutes.
India on Monday assured Portugal that it would remain compliant with the expectations of the Portuguese system and judiciary on the issue of gangster Abu Salem.
Nine teams are in contention to fill up the remaining four slots in the 2008 Euro qualifying tournament.
Cristiano Ronaldo scored four goals for Al Nassr in the Saudi Pro League
Portugal rested Cristiano Ronaldo and still overcame new-look Italy 1-0 in their opening Nations League match on Monday, giving visiting coach Roberto Mancini plenty to think about. Forward Andre Silva scored three minutes after halftime in the League A Group 3 game to give the Portuguese their first win over Italy in a competitive match since 1957.
A summary of the UEFA Champions League Group Stage action, on Wednesday.
Portugal midfielder Tiago has decided to retire from international soccer citing personal reasons, the Portuguese Football Federation (FPF) said on Monday.
The All India Football Federation, on Wednesday appointed Portugal's Luis Norton de Matos as the head coach of the India U-17 team for the FIFA U-17 World Cup scheduled to be held in October this year.
Despite finding the back of the net for Al-Nassr, Cristiano Ronaldo is unable to step out of the shadow of teammate Anderson Talisca.
A furious Cristiano Ronaldo stormed off the pitch after Al-Nassr lost to Al-Ittihad.
Here is what you need to know about their route to the final
Portugal captain Cristiano Ronaldo has joined Saudi Arabian club Al Nassr on a 2-1/2 year contract.
Usain Bolt, once the fastest man on the planet, partied with 21-time Grand Slam champion Novak Djokovic at the FIFA World Cup final on Sunday.
Lionel Messi was presented to fans during a glitzy event called 'The Unveil' at Miami's home stadium.
'China seems more intent on creating a new world order rather than shaping the existing one.' 'India is of course, at this moment in time, aligned with the West-led order because of China's full-spectrum aggressive behaviour towards India.'
Chile coach Juan Antonio Pizzi will renew old acquaintances when his reigning two-times Copa America champions take on Portugal in what he expects to be a tough Confederations Cup semi-final on Wednesday.
Brazil and Portugal fought themselves into a stalemate on Friday but the 0-0 draw was enough for both teams to go through comfortably into the second round of the World Cup.
Portugal enjoyed their biggest ever World Cup victory when they overwhelmed North Korea 7-0 in Group G on Monday to end the Asian side's hopes.
Cristiano Ronaldo's Al Nassr were knocked of the Saudi Super Cup on Thursday after a 3-1 semi-final loss to Al Ittihad in Riyadh.
Portugal's Silvestre Varela scored a dramatic 87th-winner to give his side a 3-2 win over Denmark in a pulsating Euro 2012 Group B match on Wednesday.
Cristiano Ronaldo finally ended his dry spell for Portugal with a quasi-comical goal, but the real drivers behind Portugal's sumptuous 7-0 rout of North Korea on Monday were midfielders Raul Meireles and Tiago.
Besides taking in the beauty of Portugal's capital, Lisbon, Abhijit Masih also took a tour of the nearby towns of Obidos, Batalha, Nazare and Fatima in the course of his travels there. Read his account and learn why they are a must-see if you ever find yourself in that part of the world.