India like other Asian markets was swept under by the China stock market crash. The Sensex fell 483.97 points or 1.72% to end at 27,687.78, while the broader Nifty lost 147.75 points or 1.74% to settle at 8363.05.
Selling by domestic as well as foreign funds led to sharp cuts across the board. Foreign portfolio investors net sold $55.66 million of shares in the cash segment, while their domestic counterparts also sold securities worth $54.40 million (R346.71 crore), showed provisional data from stock exchanges.
Metal and automobile stocks were the biggest losers as the rout in China led to a slump in global metal prices. Vedanta sank to its lowest since August 2013. Hindalco Industries lost 5%. Tata Motors hit a 14-month low on fears that China sales of its Jaguar Land Rover unit would slow.