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. Th