June 26, 2026 03:33 am (IST)
Follow us:
Indian benchmark indices fall for two consecutive days
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.
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.
Latest Headlines
Amazon's massive India bet! Andy Jassy announces $48 billion investment after meeting PM Modi
Thu, Jun 25 2026
Rajesh Exports crashes 5%! ED probe triggers fresh investor panic
Thu, Jun 25 2026
Oil prices crash, IndiGo takes off! Aviation and fuel stocks emerge as biggest winners
Thu, Jun 25 2026
Decentralizing Spending Without Losing Control - A Leader's Approach to Modern Expense Governance
Thu, Jun 25 2026
Adani stocks soar! Investors rush in after Gautam Adani unveils massive Rs 2 lakh crore expansion plan
Wed, Jun 24 2026