Share Market Highlights: Sensex crashes 1400 pts, Nifty ends near 15800; ICICI Bank, Infosys top draggers

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices ended in the red with Nifty below 15,800 on the back weak global markets. The Sensex was down 1,456.74 points or 2.68% at 52,846.70, and the Nifty was down 427.40 points or 2.64% at 15,774.40

Share Market Today, Share Market Live
In global markets, Hong Kong's Hang Seng fell 2.9%, Japan's Nikkei slumped 2.78%, and South Korea's Kospi declined 2.78% in early trade. US stocks posted their biggest weekly percentage declines since January and ended sharply lower on Friday

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices ended in the red with Nifty below 15,800 on the back weak global markets. The Sensex was down 1,456.74 points or 2.68% at 52,846.70, and the Nifty was down 427.40 points or 2.64% at 15,774.40. Nestle India was the only Nifty company that ended 0.5% higher. The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS. All these stocks fell between 4 and 6.7%. In the broader markets, BSE Midcap declined 2.7% and Smallcap index shed 3%. All the sectoral indices ended in the red with bank, capital goods, auto, IT, metal, IT, realty, PSU Bank, oil & gas indices fell 2-3% each.

Live Updates

Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Live Updates

15:39 (IST) 13 Jun 2022
CLOSING BELL: Indices end deep in red

Benchmark indices ended in the red with Nifty below 15,800 on the back weak global markets. The Sensex was down 1,456.74 points or 2.68% at 52,846.70, and the Nifty was down 427.40 points or 2.64% at 15,774.40. BSE Midcap declined 2.7 percent and Smallcap index shed 3 percent. All the sectoral indices edned in the red with bank, capital goods, auto, IT, metal, IT, realty, PSU Bank, oil & gas indices fell 2-3 percent each.

15:27 (IST) 13 Jun 2022
Oil and Gas stocks slip

BSE Oil & Gas index slipped over 2 percent dragged by the Gujarat Gas, HPCL, BPCL

15:14 (IST) 13 Jun 2022

“Indian equities opened with a significant gap down today, tracking weak global cues, and are seeing a sell-off after US May inflation data accelerated to a four-decade high of 8.6%, raising concerns about aggressive rate hikes by the US Federal Reserve at its upcoming monetary policy meeting on Wednesday. This month's volatility is projected to be higher than usual due to inflationary pressures, interest rate hikes, and other global economic pressures. The rupee fell to a new all-time low on Friday, as the dollar strengthened and global crude oil prices rose. India's inflation report is expected today, and investors are worried about the Reserve Bank of India's next move. If retail inflation in India continues to grow and crosses the 8% milestone, the market will become more volatile. Investors may wait until the market trend becomes clearer, but long-term investors should stay invested if they have a long-term investment plan, since a large correction will provide an opportunity for investors to purchase high-quality equities at appealing prices.”

~Mohit Nigam, head — PMS, Hem Securities

14:59 (IST) 13 Jun 2022
Nifty Pharma down 2%

Nifty Pharma index fell nearly 2 percent, dragged by the Strides Pharma Science, Granules India, Laurus Lab

14:48 (IST) 13 Jun 2022
IT stocks drag

Nifty IT index crashed over 4%. TCS, Infosys, LTI, LTTS plunge up to 6%

14:41 (IST) 13 Jun 2022
If Nifty breaches 15700, it would fall to the level of 15500/15400 in the short term

“Technically, if the Nifty breaks and closes below the 15700 level, it will be a major downside event for the market. In such a situation, the Nifty would fall to the level of 15500/15400 in the short term. Also, it would remain under continued selling pressure due to the dismissal of long-term support levels. It is advisable to take a weak long position below the 15700 level. Bank Nifty would also drop to 32000 level if it closes below 33500 level.”

~Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities

14:40 (IST) 13 Jun 2022
Indian market’s valuations continue to be uninspiring

“The burgeoning losses of the downstream oil PSUs may pose severe challenges to government and investors both as (1) the government will have to balance the finances of companies, its fiscal position and inflation and (2) investors may have to increasingly worry about a return to the era of controlled prices and subsidies. Annualized impact of the two excise duty cuts in November 2021 and May 2022 is pegged around Rs2.2 lakh crore. Crude oil prices inched up last week with Brent crude trading above $120 per barrel mark. India’s macro-economic factors and investment case would weaken considerably if crude prices were to increase further given a combination of (1) top-down negative impact on inflation and interest rates, fiscal and bond yields and BoP and currency and (2) bottom-up negative impact on profitability and margins for almost all sectors. The Indian market’s valuations continue to be uninspiring, especially of consumption sectors and ‘quality’ stocks. Financials remain one of the few patches with reasonable valuations, but they too will struggle if India’s macro-economic position was to deteriorate further; credit growth may stay muted.

~Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities

14:30 (IST) 13 Jun 2022
Bitcoin slumps under $25,000, lowest in 18 months

Bitcoin tumbled Monday to an 18-month low under $25,000 as investors shunned risky assets in the face of a global markets selloff. The world's most popular cryptocurrency dived about 10 percent to hit $24,692 in morning London deals, striking a level last seen in December 2020.

14:17 (IST) 13 Jun 2022
Rustomjee group firm Keystone Realtors files IPO papers with SEBI; plans to raise Rs 850-cr via public issue

Keystone Realtors, Rustomjee Group’s company, has filed a draft red herring prospectus with capital market regulator SEBI to raise Rs 850 crore through an initial public offering (IPO). The issue consists of fresh issue of equity shares aggregating up to Rs 700 crore and an offer-for-sale (OFS) worth Rs 150 crore by promoters. The OFS comprises sale of equity shares worth up to Rs 75 crore by Boman Rustom Irani and stocks to the tune of Rs 37.5 crore each by Percy Sorabji Chowdhry and Chandresh Dinesh Mehta. Read full story

14:11 (IST) 13 Jun 2022
Sensex, Nifty near day’s low

Headline indices declined further in noon deals. Sensex crashed 1,703.84 points or 3.14% to 52599.60, and the Nifty shed 496.80 points or 3.07% at 15705.

14:10 (IST) 13 Jun 2022
Nifty gainers

Nestle India, Britannia were the only Nifty 50 gainers

14:05 (IST) 13 Jun 2022
India VIX spikes 16%

Broader markets continued to slide in noon deals and sank up to 4%. India Vix soared nearly 16%

13:57 (IST) 13 Jun 2022
Sensex crashes 3%, Nifty gives up 15700

Benchmark indices extended losses as Sensex crashed 1700 points and Nifty 50 slipped below 15,700

13:48 (IST) 13 Jun 2022
Nifty to slide down below 15000 levels if 15670 support is broken

“If we look at the technical chart of Nifty, it has given a breakout from a bearish flag pattern on the daily time frame and has come close to an important support of 15670 levels. If the index breaks this level, it would lead to a continuation of the lower-high and lower-low pattern on the weekly timeframe indicating bearish bias for the medium term. We expect it to slide down below 15000 levels if the support is broken. Nifty Bank has formed a symmetrical triangle pattern on the daily chart and is near the previous swing low of 33000. If there is a breakdown from the pattern, which is likely to be the case, we can expect Nifty bank to reach 30000 levels as well.”

~Sandeep Bhardwaj, CEO, IIFL Securities

13:47 (IST) 13 Jun 2022
In the last 100 years, almost all recessions have been preceded by a rising US$

“The US Inflation rate came in at 8.6% which is a 40-year high. US 10 year bond yields are ~3.187. Hence there is a huge gap of ~5.4% between the two. In order to bridge the gap, the central banks have to tame inflation by increasing interest rates. If the 10yr Bond yields in US increases to 5%, we would see balance sheets getting starched for many companies. The yields on US 2-year Treasuries have past 3% and now are trading at the highest level since 2007, and it's gap with the 10-year yields is now less than 5bps, making a case for a sharp downturn in the equities. In the last 100 years, almost all recessions have been preceded by a rising US$, rising Interest rates and rising crude oil prices. Even this time the scenario is the same.”

~Sandeep Bhardwaj, CEO, IIFL Securities

13:43 (IST) 13 Jun 2022
Metal stocks drag

BSE Metal index declined nearly 3 percent dragged by the Hindalco Industries, NMDC, Vedanta

13:36 (IST) 13 Jun 2022
LIC can be accumulated with at least 3 years perspective

“LIC, at current price it can be accumulated with at least 3 years perspective. It will remain under pressure for some more time as anchor investors will be free to exit after 16th June. But considering the relative cheap valuation at lower levels it will find interest from domestic retail and HNI investors. Institutional investor will wait for some more time before they start buying it.”

~Prasant Bhansaali, Director – Mehta Equities

13:24 (IST) 13 Jun 2022
BSE Midcap down 1%

BSE Midcap index fell 1 per cent dragged by the RBL Bank, Mahindra & Mahindra Financial Services, L&T Finance Holdings.

13:23 (IST) 13 Jun 2022
Indices extended losses in noon deals

Benchmark indices extended the losses and trading at day's low in the afternoon session. The Sensex was down 1,524.24 points or 2.81% at 52779.20, and the Nifty was down 440.90 points or 2.72% at 15760.90.

13:09 (IST) 13 Jun 2022
Nifty will lack direction in the afternoon session

Gap-down markets as inflation jitters continue to haunt global markets. We suspect, Nifty will lack direction in the afternoon session as the key driver of sentiment hinges now on the FOMC policy Outcome (June 15th), U.S 10-year Treasury spiked to 3.157%. The street now expects it to flirt with 4% by the end of 2022, and India’s CPI inflation data on June 13 and WPI inflation to trickle in on June 14. Prashanth Tapse, Vice President (Research), Mehta Equities

12:47 (IST) 13 Jun 2022
Indian Rupee looks at a range of 77.90 to 78.40 on spot over near term

USDINR touched a fresh all time high at 78.27 and now trading at 78.14. RBI intervention is suspected, both in spot as well as forwards. Till US Fed meeting on Wednesday, there can be significant upward pressure on USDINR. Odds for a 75 bps hike is rising and that is positive for USD. However, we expect RBI to cap the upside. We are looking at a range of 77.90 to 78.40 on spot over the near term. Anindya Banerjee, VP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities

12:38 (IST) 13 Jun 2022
Nifty Bank Index falls 2%

Nifty Bank index shed 2 percent, dragged by the Federal Bank, Punjab National Bank, Axis Bank.

12:36 (IST) 13 Jun 2022
With markets pricing in rate hikes aggressively, the 3–5-year segment on yield curve looks attractive on a risk adjusted basis

“The equity market has been volatile given withdrawal of accommodative monetary policy both globally and locally. The market has already priced in the rate hike hence no there was no major impact on yields post the policy last week. In fact given the shape of the yield curve and swap curve, market is already pricing in a terminal repo rate much higher than the pre pandemic level. With markets pricing in rate hikes aggressively, the 3–5-year segment on yield curve looks attractive on a risk adjusted basis. As liquidity in the system reduces and debt market gets crowded out due to increased government supply, credit spread, which has been very tight should begin to expand. This should good offer opportunity to invest in investment grade credit over the next 6-12 months.”

~Sahil Kapoor, Senior Executive Vice President, IIFL Wealth

12:35 (IST) 13 Jun 2022
Till US Fed meeting on Wednesday, there can be significant upward pressure on USDINR

“USDINR touched a fresh all time high at 78.27 and now trading at 78.14. RBI intervention is suspected, both in spot as well as forwards. Till US Fed meeting on Wednesday, there can be significant upward pressure on USDINR. Odds for a 75 bps hike is rising and that is positive for USD. However, we expect RBI to cap the upside. We are looking at a range of 77.90 to 78.40 on spot over the near term.”

~Anindya Banerjee, VP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities

12:33 (IST) 13 Jun 2022
Nifty may trade range-bound, markets to remain volatile in near-term; buy on dips to lap-up quality stocks

Indian benchmark indices tanked over 2.5% on Monday, tracking weak global cues. BSE Sensex crashed over 1,500 points as it slipped below the 53,000 level and the Nifty 50 shed 400 points to slide below 15,750. Equity investors became poorer by over Rs 5.47 lakh crore in early trade. In line with weak trend in equities, the market capitalisation of BSE-listed firms eroded by Rs 5.47 lakh crore to Rs 246 lakh crore. “Weakness was seen in the equity market across the globe, led by higher-than-expected inflation data in the US market, leading to a rise in the bond yields. US bond yields are now trading above 3.15% levels, indicating the aggressive rate hike expectation by the US FED in the upcoming FOMC meeting, scheduled this week,” said Naveen Kulkarni, Chief Investment Officer, Axis Securities.

Read full story

12:22 (IST) 13 Jun 2022
Nifty’s support at 15793 mark

“Gap-down markets as inflation jitters continue to haunt global markets. We suspect, Nifty will lack direction in the afternoon session as the key driver of sentiment hinges now on:

– The FOMC policy Outcome (June 15th)

– U.S 10-year Treasury spiked to 3.157%. The street now expects it to flirt with 4% by the end of 2022.

– India’s CPI inflation data on June 13 and WPI inflation to trickle in on June 14.

A hot inflation reading is bolstering expectations that the Federal Reserve will continue to aggressively hike rates in the second half of this year, even with signs of economic slowdown. Honestly speaking bear holds grip on markets very tight hence, we advise investors to have “Wait and watch strategy “and not get into the trap. Once the above economic data is out and market discounts that then, we can enter markets in a phase wise manner. On the downside, the line in the sand is at Nifty’s support at 15793 mark.”

~Prashanth Tapse, Vice President (Research), Mehta Equities

12:16 (IST) 13 Jun 2022
Indices deep in red

Benchmark indices continued to trade deep in red and were quoting near the day's low with Nifty around 15800 amid selling across the sectors. The Sensex was down 1,423.14 points or 2.62% at 52880.30, and the Nifty was down 408.80 points or 2.52% at 15793.

11:49 (IST) 13 Jun 2022
Auto stocks slip

BSE Auto index slipped more than 1 per cent dragged by the Tata Motors, Ashok Leyland, Sundram Fasteners

11:48 (IST) 13 Jun 2022
Investor wealth tumbles over Rs 5.47 lakh cr in early trade

Equity investors became poorer by over Rs 5.47 lakh crore in early trade on Monday amid an extremely weak trend in the broader market with the Sensex plunging over 1,500 points. The 30-share BSE benchmark tanked 1,568.46 points to 52,734.98 in early trade. The broader NSE Nifty slumped 451.9 points to 15,749.90.

11:26 (IST) 13 Jun 2022
Nifty may jump 10% by mid-July, says Sanjiv Bhasin; check top sectors amid volatility | IIFL Interview

NSE Nifty 50 may jump 10 per cent from current levels to 17500 by mid-July, says Sanjiv Bhasin, Director, IIFL Securities. In today’s session, Nifty 50 hit a day’s low of 15,760.95. Sanjiv Bhasin in interview with Surbhi Jain of FinancialExpress.com, said that BSE Sensex could fall to 53000 on the downside, and then reclaim 57000 levels in mid-July, as last week of June could see reversal of ‘sell the rallies’ to ‘buy the dips’. The second half of July is likely to see global rally resumption after a strong correction. Bhasin suggested investors should focus on midcap stocks as they offer great buying opportunities amid stock market volatility. Read full interview

11:03 (IST) 13 Jun 2022
Why Nifty tanked 2.5%, Sensex fell 1500 pts today on global cues

Bears prowled Dalal Street and tightened grip on the Indian equity markets on Monday, as inflation concerns and fears of aggressive interest rate hikes by the US Fed spooked investors. May consumer inflation hit a fresh 40-year high of 8.6% in the US, while India CPI inflation in May is expected to stay above 7%. Given this, the BSE Sensex tumbled over 1,500 points to hit an intraday low of 52,737 levels, while the NSE Nifty 50 broke below 15,800 levels. Broader markets too fell in line with headline indices. All sectors bled in red with bank, metals, and realty falling the most under selling pressure. Persistent equity selloff by FIIs, negative sentiments across global markets, coupled with a weaker rupee was dampening investors’ risk appetite, according to analysts.

Read full story

11:00 (IST) 13 Jun 2022
Expect more weakness if Nifty breaks support zone of 15735 – 15775

After gap-down opening, no signs of short covering seen. Expect more weakness if we break support zone of 15,735 – 15,775 below which next support of Put writers is seen at 15,500. PCR is trading at 0.71 (reversal area at 0.65) which means some more pain is left on the down-side. Rahul Sharma, Head Technical & Derivatives Research, JM Financial

10:59 (IST) 13 Jun 2022
With markets pricing in rate hikes, 3–5-yr segment on yield curve looks attractive on risk adjusted basis

The equity market has been volatile given withdrawal of accommodative monetary policy both globally and locally. The market has already priced in the rate hike hence no there was no major impact on yields post the policy last week. In fact given the shape of the yield curve and swap curve, market is already pricing in a terminal repo rate much higher than the pre pandemic level. With markets pricing in rate hikes aggressively, the 3–5-year segment on yield curve looks attractive on a risk adjusted basis. As liquidity in the system reduces and debt market gets crowded out due to increased government supply, credit spread, which has been very tight should begin to expand. This should good offer opportunity to invest in investment grade credit over the next 6 -12 months. Sahil Kapoor, Senior Executive Vice President, IIFL Wealth

10:51 (IST) 13 Jun 2022
Future Group stocks in focus

The National Company Law Appellate Tribunal (NCLAT) dismissed Amazon’s appeal against suspension of transaction with Future Group and upheld Rs 200 crore penalty imposed by CCI. It has directed Amazon to pay the amount within 45 days. Amazon can challenge the NCLAT order in the Supreme Court.

10:42 (IST) 13 Jun 2022
Oil prices slip

Oil prices slipped more than $2 on Monday as a flare-up in COVID-19 cases in Beijing quelled hopes for a rapid pick-up in China's fuel demand, while worries about global inflation and economic growth further depressed the market. Brent crude futures fell $2.06, or 1.7%, to $119.95 a barrel by 0033 GMT while U.S. West Texas Intermediate crude was at $118.54 a barrel, down $2.13, or 1.8%.

10:33 (IST) 13 Jun 2022
RBL Bank stock at record low

RBL Bank stock hit record lows as share price tumbled 18% on on heavy volumes. This comes after the Reserve Bank of India approved R Subramaniakumar's appointment as the managing director & chief executive officer of the private sector lender.

10:29 (IST) 13 Jun 2022
Nestle sole Sensex gainer

Nestle India was the sole gainer in the Sensex pack, trading marginally higher at Rs 16,811, up 0.19% on BSE.

10:23 (IST) 13 Jun 2022
Market to remain cautious ahead of various central banks meeting this week

“Nifty opened gap down as equity markets across globe are witnessing a sell-off after US May inflation data accelerated to four decades high which raised concerns about aggressive rate hikes by US Fed in the upcoming monetary policy meet due this wednesday. US treasury yields surged to 14 year high at 3.15% while dollar index spiked above 104 levels. US futures are also down ~1%. On the domestic side, India’s inflation data is due today on account of which nervousness is likely to be seen in the market. Apart from these market would continue to remain cautious ahead of various central banks meetings in this week .”

~Hemang Jani, Head Equity Strategy, Motilal Oswal Financial Services

10:13 (IST) 13 Jun 2022
Volatility likely to remain elevated across the board

“​Tracking dismal cues from the global markets amid a surge in the US headline inflation, the Nifty has fallen back near the 15670-15750 support zone. This is a critical support area for the index, as it has held firmly for the past three months. A break and sustainability below this zone would open the door for an extension of the decline towards 15000 levels. On the upside, 16000 now becomes the immediate resistance for the Nifty. This week is event-packed, with inflation data from India and Federal Reserve meeting scheduled to take place. Given the importance of these events, volatility is likely to remain elevated across the board. Hence, it would be prudent for one to remain light on positions and avoid any aggressive bets.”

~Abhishek Chinchalkar, CMT Charterholder & Head of Education, FYERS

10:11 (IST) 13 Jun 2022
Indices near day’s low

Benchmark indices were trading near the day's low with Nifty below 15,800 level. The Sensex is down 1,448.13 points or 2.67% at 52855.31, and the Nifty down 414.10 points or 2.56% at 15787.70.

10:11 (IST) 13 Jun 2022
LIC tanks 4%

Shares of Life Insurance Corporation (LIC) of India fell for the tenth straight session on Monday. The 30-day lock-in for anchor investors ended today and the stock is now down over 28 per cent as against its issue price of Rs 949. Anchor investors, who collectively bought nearly 59.3 million shares a day before the IPO opened for subscription at Rs 949 apiece, can sell their shares in the open market from Monday.

10:10 (IST) 13 Jun 2022
What’s dragging markets today?

US inflation: The US inflation hit a fresh 40-year high in May, accelerating to 8.6 per cent from a year ago and beating street estimates. The red-hot inflation extended Wall Street’s selloff on Friday.

Fear of aggressive rate hikes: After the latest US inflation data point – the US Fed will likely continue its aggressive interest rate increases to help cool high prices after their 2-day FOMC meet due on June 15. The rate hike fears sent US 10-year treasury yields above 3 per cent for the first time in three years.

Volatile crude oil prices: Oil extended losses for third straight day as investors anticipate further monetary tightening by the US Fed. Both Brent Crude and WTI Crude slipped 1.4 per cent to trade at $120 per barrel and $118 per barrel, respectively.

Indian inflation data: India will release retail inflation figures for the month of May on Monday, June 13. According to a Reuter's poll, economists expect the consumer price index (CPI) to slip 7.10 per cent in May from 7.7 per cent in April.

Rupee’s freefall and FII outflow: The Indian rupee fell to a record low of 78.15 against the US dollar on Monday on stronger demand for dollar, fear of rising interest rates by the US Fed, and volatile crude oil prices. India’s decline in foreign exchange reserve by Rs 30.6 crore in June also weighed on the domestic currency.

10:01 (IST) 13 Jun 2022
Keystone Realtors files DRHP for Rs 850 cr IPO

Rustomjee group company Keystone Realtors has filed a draft red herring prospectus with Securities Exchange Board of India to raise around Rs 850 crore via initial public offering. The IPO comprises a fresh issue of Rs 700 crore and an offer for sale (OFS) of up to Rs 150 crore by its existing shareholders and promoters.

09:55 (IST) 13 Jun 2022
10-year bond yields hits over 3-year high

The benchmark 10-year bond yield was trading at 7.60%, its highest since February 28, 2019. Yield had ended at 7.52% on Friday.

09:50 (IST) 13 Jun 2022
Over 100 stocks at 52-week lows

More than 100 stocks touched their 52-week low including Ultratech Cement, Gujarat Gas, NMDC, Coforge, Rallis India, Subex.

09:49 (IST) 13 Jun 2022
Nifty gainers, losers

Cipla was the sole gainer in the Nifty pack, while Bajaj Finserv, Hindalco, Bajaj Finance, Tata Motors and ICICI Bank were the laggards.

09:47 (IST) 13 Jun 2022
Crude price easing aids Paint stocks

Paint stocks were faring relatively better amid the Carnages as Crude oil price eased marginally.

09:45 (IST) 13 Jun 2022
Indian market will stabilize only when the US market stabilises

“The near-term market trend is weak. The May US inflation print at 8.6% against the market expectation of 8.3% is likely to turn the Fed more hawkish with a series of 50 bp rate hikes taking the terminal rate by mid 2023 above 3.5%. Such a scenario would be negative for risky assets like equity, particularly in the context of declining global growth. The Indian market will stabilize only when the US market stabilises. Therefore, investors may wait and watch till clarity emerges on the market trend. One silver lining is the 7.1% increase in IIP which indicates that the Indian economy is doing well. Therefore, long-term investors can use the dips in the market to buy high quality economy-facing stocks like capital goods, banking, telecom and export segments.”

~V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

09:44 (IST) 13 Jun 2022
Most active stocks on NSE

Vodafone Idea, RBL Bank, YES Bank were among most active stocks on NSE

09:43 (IST) 13 Jun 2022
All indices bleeding

All sectors also held steep losses, led by Nifty PSBs that cracked 4 per cent. Nifty Realty, Banks, Financials were the next top losers, sliding 3 per cent each. The broader markets were also in tandem with the frontline indices. The BSE MidCap and SmallCap indices tanked 2.3 and 2.4 per cent, respectively.

Most Read In Market
Photos