China market surprised the global market on Monday as it gets crashed by 2%, Market seems more surprised by China action on closing the market earlier than scheduled closing.
In last 3 months, today Sensex seen the biggest one day loss, but somehow Nifty closed at respectable figure of 7800
In other Asian markets, like Nikkei fell 225, 3%, Hong Kong down by 2.7%, DAX fell by 4%, same fall was seen in all other markets.
In Indian market after 2 month highs, today we have seen strong selling pressure because of China crash only. Many big fish like PNB, TATA, Idea, Airtel are seen fall in Nifty..