Markets tumble most in 3 weeks on global growth concerns, ITC Q3 earnings

The benchmark indices posted their biggest decline in three weeks as concerns surrounding global growth dampened investor sentiment towards risky assets. In addition, earnings disappointment by ITC weighed on market performance.
 
The Sensex on Wednesday fell 336 points or 0.92 per cent to end at 36,108, while the Nifty fell 0.84 per cent or 91 points to close at 10,832. Both indices saw the biggest single-day drop since January 3. Shares of FMCG major ITC declined 4.2 per cent and accounted for nearly a third of Sensex and Nifty losses.
 
Overseas investors have been pulling out from riskier