The Sensex fell 525 to close at 58491

China's mega real estate company collapses, leading to a major downturn in the property-housing sector

(Gujarat News Correspondent) MUMBAI: China's mega real estate developer Evergrande, which has a debt of ૫ 206 billion, has been hit by an earthquake in the Chinese housing-property market. On the other hand, metal stocks in Indian stock markets today rallied on the negative impact of the government's hike in GST rates on Aryan ore in India. With this the U.S. Amid uncertainty over what will be decided on the stimulus tapering issue at the Federal Reserve's two-day meeting this week and a meeting of central banks in other countries, funds, experts, players were all-round hammering in metal-mining stocks. In addition, banking-finance, automobile, consumer durables, oil-gas, power-capital goods, healthcare-pharmaceuticals stocks fell by 4.5 points to close at 20.8 and the Nifty spot closed at 12.5 points. The US dollar had gained 3 paise to Rs 2.7 against the rupee.

The Sensex plunged from a high of 205 to a low of 6 and finally fell 3 points to 31.

Trading started today with a cautious softness. The Sensex opened at 7.5 against the next close of 2018.5, initially cautiously selling metal-mining stocks, including Tata Steel, and banking-finance stocks fell. Reliance Industries, including HCL Technology, saw its gains reach 202.5. Returning from the uptrend, metal-mining stocks are hammering behind global markets and banking-finance stocks including State Bank of India, IndusInd Bank, HDFC Ltd, Axis Bank are selling and Dr. Reddy's Laboratories, Mahindra & Mahindra and Mahindra It fell to a low of 7.5 and finally fell 4.5 points to close at 20.8.

The Nifty spot plunged from the top 15 to 181 and finally fell 12 points to 15.

NSE's Nifty spot opened at 17.15 against the previous close. . Returning from the uptrend, off-loading in metal-mining stocks including Tata Steel, JSW Steel, Hindalco, banking, auto, oil-gas stocks and consumer durables stocks fell to 161.50 and closed at 12.5 points. .

Investors' asset-market capitalization fell by Rs 4.5 lakh crore to Rs 4.5 lakh crore

The accumulated market capitalization of companies listed on the BSE-investors' assets fell by Rs 4.5 lakh crore to Rs 4.5 lakh crore in a single day today as funds rose sharply in stocks.

September Nifty futures fall from 1908 to 19: Bank Nifty futures fall from 30 to 215

Nifty-based funds in derivatives today eased the bullish overbought position. The Nifty September futures opened at 120.8 against 1208.15, fell to 1712.30 and closed at 16.30. Bank Nifty September futures opened at 3 points against 70.05 and fell to 515.70 at the end of the day was 512.05.

Metal stocks plunge as Chinese real estate company sinks: Tata Steel falls Rs 15 to Rs 15

With China's mega real estate developer Evergrande sinking heavily into debt, an earthquake in China's property market and a major blow to the global housing market, a sharp drop in demand for metals, including steel, is expected in the coming days. Did. The BSE Metal Index fell by 16.05 points to close at 1,407.9. Tata Steel fell by Rs 151.5 to Rs 16.5, Jindal Steel by Rs 2.50 to Rs 31.50, Sail by Rs 4.5 to Rs 109.50, NMDC by Rs 11.5 to Rs. 16.05, JSW Steel fell by Rs 4.5 to Rs 2.50, Hindalco fell by Rs 2.50 to Rs 3.50, Vedanta fell by Rs 19.05 to Rs 2.50.

Profit booking in banking-finance stocks: Federal Bank, State Bank, IndusInd Bank, Axis Bank, HDFC fell

The BSE Bankex Index fell by 312.5 points to close at 7.5, on the back of broad-based sell-off in banking and finance stocks and a massive sell-off in special PSU bank stocks. Federal Bank down Rs 2.50 to Rs 4.5, State Bank of India down Rs 12.5 to Rs 2.50, IndusInd Bank down Rs 4.5 to Rs 1,050.50, City Union Bank down Rs 5 Bandhan Bank fell by Rs 4.5 to Rs 21.50, Axis Bank fell by Rs 15.5 to Rs 4.5, HDFC Bank fell by Rs 4.5 to Rs 12.5. ICICI Bank fell by Rs 4.5 to Rs 210.05, AU Small Finance fell by Rs 10.50 to Rs 1,102.5 and Kotak Bank fell by Rs 4.5 to Rs 2,001.5.

Gaps in healthcare stocks: Hikeal falls by Rs 5 to Rs 20: Gufic Bio, Glenmark, Biocon, Aurobindo, Metropolis

The BSE Healthcare Index was down 2.3 points at 7,100.51 today as funds traded broadly in shares of healthcare-pharmaceuticals companies. Hikeal fell by Rs 3 to Rs 20, Gufic Bio by Rs 2.50 to Rs 19.05, Glenmark by Rs 2.50 to Rs 4.5, Biocon analysts were cautious and shares fell by Rs 15.5 to Rs 20. .40, Aurobindo Pharma fell by Rs. 4.5 to Rs. 313.5, Metropolis fell by Rs. 18.50 to Rs. 15 down to Rs. 811, Novartis down Rs. 3.5 to Rs. 811.3, FDC down Rs. 30 fell to Rs 2.8, Pfizer fell by Rs 114.15 to Rs 4.5.

Hindustan Unilever rises by Rs 5 to Rs 5 on bad market in FMCG stocks: ITC, Britannia, Nestle rise

In a bad market, funds traded higher in FMCG stocks today. LT Foods up Rs 2.50 to Rs 30, Hindustan Unilever up Rs 2.50 to Rs 4.5, ITC up Rs 2.50 to Rs 2.50, Marico up Rs 8 to Rs 10.10 Nestl ઈ India rose by Rs 190.5 to Rs 3,050 and Britannia by Rs 10.10 to Rs 305.

Funds in small, mid-cap stocks, widespread selling of players: 3 stocks closed negative: 203 stocks bullish circuit

The Sensex, Nifty-based crash, small, mid-cap, cash stocks, funds, players were widely sold today, the market breadth was negative. Out of the total 204 scrips traded on the BSE, the number of gainers was 1013 and the number of losers was 8. The only seller in 20 stocks was the lower circuit, while the only seller in 4 stocks was the lower circuit.