August 18, 2026 08:00 am (IST)

Make this your homepage

All Finance

BJP reshuffles top organisation seven months after Nitin Nabin's elevation | West Bengal STF arrests suspected aide of ISI 'agent' Rana Rauf in Kolkata | ‘Very hopeful’: Indian envoy Dinesh Trivedi breaks silence on PM Tarique Rahman’s proposed India visit | Shehzad Poonawalla doubles down on BJP exit, urges party to accept resignation | Tarapith tragedy: Seven pilgrims killed as hotel goes up in flames before dawn | Bengal STF nabs suspected aide of ISI 'agent' Rana Rauf in Kolkata | After SC rebuke, BCI chief apologises to NALSAR students over enrolment freeze row | Independence Day: PM Modi’s big youth pitch— AI training, free coaching amid exam row and job concerns | ‘Shakti Ki Saptadhara’: Modi reveals 7 pillars to power India’s next leap in his I-Day speech from Red Fort | West Bengal STF arrests 3 more suspected Pakistani spies in Cooch Behar

Indian benchmark indices fall for two consecutive days

India blooms News Service | | May 03, 2016, at 09:28 pm

Mumbai, May 3 (IBNS) At the close of business on a volatile trading day on Tuesday, the Indian benchmarks could not halt their downward spiral seen on Monday, and the Sensex fell 207.27 points to 25229.70 and the Nifty went down 58.90 points to 7,747.

The news that the International Monetary Fund (IMF) has said that Chinese and Japanese economies are expected to slow sharply over the next two years affected the Indian market.

Weak factory data from China also affected global market sentiments.

Although weak exports and sluggish credit growth weigh on the Indian economy, the IMF reiterated its growth forecast for India this year at 7.5 per cent, largely based on private consumption trends.

Some of the leading gainers on Tuesday were Bharti, HDFC, Tata Steel, Tata Motors and L&T while the losers included Coal India, BHEL, Lupin, ICICI Bank and TCS.

#Indian benchmark # Benchmark

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata Jul 19, 2026, at 10:57 pm

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am