CLOSING BELL: Adani Enterprises was the biggest Nifty dragger as it dropped 9 per cent

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		<b>CLOSING BELL<br />
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		Stock market highlights:&nbsp;</b>Equity markets were choppy on Monday as global mood remained sombre, and investors booked profit after Friday&#39;s 2-per cent rally. The S&P BSE Sensex gyrated within a band of 771 points, before settling at 56,789, down 638 points or 1.11 per cent. The NSE Nifty50, too, closed 207 points, or 1.21 per cent, lower at 16,887. The index hit a high of 17,114.65, and a low of&nbsp;16,855.55 during the day.&nbsp;</div>
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		Adani Enterprises was the biggest Nifty dragger as it dropped 9 per cent. This was followed by selling in Eicher Motors, Maruti Suzuki, Adani Ports, Hindalco, Tata Consumer Products, HUL, Kotak Bank, ITC, HDFC Life, Britannia, SBI, and Tata Motors. All these stocks fell between 2 per cent and 6 per cent.</div>
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		On the upside, ONGC, Cipla, Coal India, Dr Reddy&#39;s Labs, BPCL, Divis Labs, and Bharti Airtel helped trim losses.&nbsp;</div>
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		The broader markets declined in tandem with benchmarks with the BSE MidCap, and SmallCap indices dipping 1.24 per cent, and 0.5 per cent, respectively. Overall, there were roughly 1,400 stocks in the green on the BSE, as against over 2,100 stocks in the red. Volatility index -- India VIX -- surged over 7 per cent today.</div>
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		Sectorally, barring the Nifty Pharma index, which added 1 per cent, all other indices faced profit booking. The Nifty Metal index slumped the most, down 3 per cent, followed by the Nifty PSU Bank index (2.7 per cent), and Nifty FMCG and Auto indices (2 per cent each).</div>
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		<strong>Global markets</strong></div>
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		European stocks fell on Monday as markets entered the last quarter of the year. The pan-European Stoxx 600 index dropped 1 per cent in early trade, with financial services stocks shedding 1 per cent to lead losses while oil and gas stocks added 1.3 per cent.</div>
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		The decline in Europe comes after a gloomy trading session in Asia-Pacific markets, with sharp moves in the price of oil. Hang Seng dipped 0.8 per cent, and ASX 200 eased 0.27 per cent. Nikkei, meanwhile, gained 1 per cent.</div>
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		In the US, Dow Jones futures were positive, while&nbsp; futures linked to S&P500, and Nasdaq Composite were in the red.&nbsp;</div>
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Sensex down 638 pts; Nifty nears 16900; Adani Group stocks slide, pharma up

Business Standard

Sensex down 638 pts; Nifty nears 16900; Adani Group stocks slide, pharma up | News on Markets - Business Standard

OPENING BELL | Nifty falls 50 points to around 17,050

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OPENING BELL | Weak opening for Sensex; drops 200 points

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PRE-OPEN SESSION | Nifty too heading for a tepid start

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PRE-OPEN SESSION | Sensex turns flat with a 20 point-cut

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CURRENCY ALERT | Rupee opens 28 paise weaker at 81.62/$

FPIs turn net sellers again; withdraw Rs 7,600 cr from equities in Sep

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	With this, the total outflow by FPIs from the Indian equity markets has reached Rs 1.68 trn so far in 2022, data with depositories showed. <a href="https://www.business-standard.com/article/markets/fpis-turn-net-sellers-again-withdraw-rs-7-600-cr-from-equities-in-sep-122100200446_1.html" target="_blank"><strong>Read more</strong><br />
	<img alt="MARKET LIVE: Coronavirus pandemic triggers 2,400-point Sensex collapse" src="https://bsmedia.business-standard.com/_media/bs/img/article/2020-03/12/full/1584003165-5863.jpg?im=Resize,width=640" /></a></div>

Stocks to Watch: Suzlon, RIL, ONGC, Gas, Airtel, HFCL, Adani Enterprises

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	Stocks to Watch Today: Domestic oil &amp; gas related stocks are likely to be in focus as the government reduced tax on the former, while raised prices of natural gas to record levels. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-today-suzlon-ril-ongc-airtel-hfcl-adani-enterprises-india-cements-hdfc-ultra-tech-122100300062_1.html" target="_blank"><strong>Read more</strong><br />
	<img alt="Russia replaces Saudi Arabia as China's biggest crude oil supplier" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-06/20/full/1655724370-1521.jpg?im=Resize,width=640" /></a></div>

Q&A | Recent upmove in global equities mirrored a bear-mkt rally, says Unmesh Kulkarni

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	&#39;Domestic flows are showing signs of fatigue and may not enjoy the same momentum as in the recent past, especially in the backdrop of increasing global uncertainties&#39;. <a href="https://www.business-standard.com/article/markets/recent-upmove-in-global-equities-mirrored-a-bear-mkt-rally-unmesh-kulkarni-122100200727_1.html" target="_blank"><strong>Read here</strong><br />
	<img alt="Unmesh Kulkarni, managing director and Senior advisor, Julius Baer India" src="https://bsmedia.business-standard.com/_media/bs/img/article/2020-05/03/full/1588519779-3827.jpg?im=Resize,width=640" /></a></div>

DIIs buy Rs 3,245 crore of equities Friday

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FIIs pull out Rs 1,565 crore of shares Friday

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Over 150 point-cut on cards for Nifty50 benchmark

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Rupee pulls back by 51 paise to close at 81.35/$ Friday

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Brent gains 3% to test $88 per bbl on reports OPEC+ may cut supply in Wed meet

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US equity futures trade tepid in post-market hours

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Most Asian markets inch lower; Nikkei erases losses

Mainland China and South Korean markets are closed.

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