It is Again China Market; Sensex Tumbles 300 Points, Nifty Below 7700

Today, On Thursday Trading in China markets have been suspended for the day after Shanghai shares tanked more than 7 percent.

This is the second time this week trading was suspended in China. On Monday also the trading session was suspended for the day, following a 7 percent tumble in its shares.

Asian Market is also Being affected due to the China Market. The rupee fell to 66.92/dollar today, continuing its recent weakness amid a depreciation of the Chinese yuan.

The 30-share BSE Sensex fell 321.31 points or 1.26 percent to 25085.02 and the 50-share NSE Nifty declined 99.55 points or 1.29 percent to 7641.45.

Tata Motors, Hindalco Industries, Adani Ports, Tata Steel, Axis Bank, Vedanta and Adani Ports plunged 3-4 percent.

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