hare brokers react to falling stock prices on screens of computers and television

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	Equity benchmark indices ended Monday&#39;s session in the negative territory owing to heavy selling in banking, pharma and realty counters. Further, lack of any catalysts and subdued global cues, too, restricted market participants from making fresh bets.&nbsp;</div>
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	The S&P BSE Sensex lost 155 points or 0.40 per cent to settle at 38,667, with YES Bank (down 15 per cent) being the biggest drag and Bharti Airtel (up 5 per cent) the top performer. During the day, the headline index of the BSE hit an intra-day high and low of 38,873.12 and 38,401.09, respectively. HDFC, ICICI Bank and HDFC Bank contributed the most to the index&#39;s loss while Infosys and Reliance Industries (RIL) gave the much-needed support.&nbsp;</div>
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	In the broader market, both small and mid-cap indices underperformed the frontline indices. The S&P BSE MidCap index ended at 14,104.13, down 162 points or 1.13 per cent while the S&P BSE SmallCap lost 161 points or 1.21 per cent to end at 13,171.&nbsp;</div>
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	On the NSE, the Nifty50 index closed at 11,477.25 levels, down 35 points or 0.31 per cent.</div>
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	Among the sectoral indices, Nifty Bank lost nearly 800 points or 2.59 per cent to end at 29,103.85. Nifty PSU Bank index hit 52-week low in the intra-day session. The index closed at 2,293.85 levels, down 82.50 points or 3.47 per cent. Pharma stocks, too, bled in the session with the Nifty Pharma index ending at 7,549.20, down 146 points or 1.90 per cent.&nbsp;</div>
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	IT stocks, on the other hand, logged impressive gains with the Nifty IT index surging around 2 per cent to settle at 15,527.55 levels. The Nifty FMCG index also ended in the green.</div>
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	<strong>BUZZING STOCKS</strong></div>
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	Shares of Lakshmi Vilas Bank (LVB) and Indiabulls Housing Finance came under pressure after the Reserve Bank of India (RBI) initiated prompt corrective action (PCA) plan on the former. Both LVB and Indiabulls Housing Finance are proposed to merge.<br />
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	That apart, stocks of Indiabulls Group lost in the trade after the Delhi High Court agreed to hear public interest litigation (PIL) seeking special investigation team (SIT) probe into Indiabulls Housing Finance. Indiabulls Housing Finance saw its sharpest intra-day fall since listing, plunging 38 per cent to Rs 240, also its 52-week low on the BSE. At close, Indiabulls Housing settled at Rs 255.50, down over 34 per cent while LVB was locked in the lower circuit band of Rs 34.75, down 5 per cent.&nbsp;</div>
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	YES Bank hit a 10-year low in the intra-day trade on the BSE. At close, shares of the bank stood at Rs 41.45, down 15 per cent.</div>
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	<strong>GLOBAL MARKETS&nbsp;</strong></div>
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	Asian stock markets, including China&rsquo;s, were little changed on Monday, shrugging off news that the US administration is considering delisting Chinese companies from US stock exchanges. MSCI&#39;s broadest index of Asia-Pacific shares outside Japan was flat, while China&#39;s Shanghai stock index slipped 0.1 per cent. European shares were seen struggling when they open for trading. Pan-European Euro Stoxx 50 futures were down 0.11 per cent, German DAX futures down 0.08 per cent and FTSE futures 0.16 per cent lower.</div>
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	<strong><em>(With inputs from Reuters)</em></strong></div>
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MARKET WRAP: Sensex loses 155 pts amid selling in banks; IBHFL tumbles 34%

Business Standard

MARKET WRAP: Sensex loses 155 pts amid selling in banks; IBHFL tumbles 34% | News on Markets - Business Standard

NEWS ALERT | Reliance Capital will no longer be in lending business: Anil Ambani at 33rd Reliance Group AGM, reports ET Now

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NEWS ALERT | In the last 6 mths, RCapital has suffered collateral damage due to combination of factors: Anil Ambani at Rel Group AGM

-- Factors are crisis in the Financial Services sector, irrational action by Auditors &amp; Rating Agencies, or now recognized temporary slowdown of Indian economy.<br />
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	<img align="" alt="" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2019-09/04/full/1567536604-901.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="" width="620" /></div>
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NEWS ALERT | Anil Ambani at 33rd AGM of Reliance Group

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">The decision to slash tax rates for corporates and manufacturing start-ups is not just a profound structural shift, it is the most fundamental change in our economic thinking in decades. – Anil Ambani <a href="https://twitter.com/hashtag/RelianceAGMs2019?src=hash&amp;ref_src=twsrc%5Etfw">#RelianceAGMs2019</a></p>&mdash; Reliance Group (@reliancegroup) <a href="https://twitter.com/reliancegroup/status/1178530758664871937?ref_src=twsrc%5Etfw">September 30, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

--&nbsp;PMC Bank helped real estate developer Housing Development &amp; Infrastructure (HDIL) pay off loans of other public sector banks (PSBs) under one-time settlement schemes, so that the promoters could retain control over the real estate company.<br />
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YES Bank tanks 10%; slips to a 10-year low

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BUZZING STOCKS | Most IT stocks gain,S&P BSE Information Technology up over 1%

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MARKET CHECK | Indiabulls Housing Finance down over 10%

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SECTOR WATCH | Top gainers and losers on the NSE

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Top gainers and losers on the S&P BSE Sensex

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At 09:20 am, the S&amp;P BSE Sensex was trading 86 points or 0.22 per cent lower at 38,736.80, while the NSE&#39;s Nifty50 index was quoting 28 points or 0.24 per cent lower at 11,484.55 levels.&nbsp;

Top gainers and losers on S&P BSE Sensex during Pre-open

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MARKET WRAP: Sensex loses 155 pts amid selling in banks; IBHFL tumbles 34%

All that happened in markets today.

NEWS ALERT | Reliance Capital will no longer be in lending business: Anil Ambani at 33rd Reliance Group AGM, reports ET Now

NEWS ALERT | In the last 6 mths, RCapital has suffered collateral damage due to combination of factors: Anil Ambani at Rel Group AGM

NEWS ALERT | Anil Ambani at 33rd AGM of Reliance Group

HDIL hits 52-wk low

YES Bank tanks 10%; slips to a 10-year low

Sector watch | Nifty PSU banks decline

Market check

Momentum picks by ICICI Securities

BUZZING STOCKS | Most IT stocks gain,S&P BSE Information Technology up over 1%

MARKET CHECK | Cipla slips nearly 3.50%

MARKET CHECK | Indiabulls Housing Finance down over 10%

SECTOR WATCH | Top gainers and losers on the NSE

Top gainers and losers on the S&P BSE Sensex

OPENING DEALS

Top gainers and losers on S&P BSE Sensex during Pre-open