April 04, 2026 07:21 am (IST)

Make this your homepage

All Finance

AAP drops Raghav Chadha from key parliamentary role, sparks buzz over internal rift | Amit Shah to camp in West Bengal for 15 days during Assembly polls; predicts Mamata’s defeat in state and Bhabanipur | 'BJP plotting President’s Rule, don’t fall in the trap': Mamata Banerjee on Malda unrest, urges peace | 'Most polarised state': CJI Kant raps Bengal govt over 9-hour hostage of judicial officers | Bengal SIR protest: Judge pleads for help amid mob attack after 9-hour hostage ordeal | Bengal SIR progress: 47 lakh of 60 lakh adjudicated cases disposed of, Supreme Court informed | Amit Shah to join Suvendu Adhikari on Bhabanipur nomination day; BJP plans mega roadshow | Fuel prices rise: Premium petrol, diesel hiked amid oil price surge | Commercial LPG up Rs 195.50 as global oil prices rise; domestic rates unchanged | Layoff alert: Oracle cuts 30,000 jobs globally, 12,000 hit in India

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

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

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm