Dlf Stock Crash

• DLF Loses Over Rs. 7,000 Crore in Market Value in One Day

  Shares of DLF, India's largest listed property developer, fell to a record low today, crashing by 30 per cent and wiping out Rs 7,126 crore in market value after market regulator SEBI banned the company from tapping capital markets for three years in one of the watchdog's toughest punishments to date.

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  Unitech Crashes 16% amid Midcap, Smallcap Selloff

  Realty stocks, in particular, were hammered down. Unitech traded 15 per cent lower as of 2.35 p.m., while Kolte-Patil Developers traded 10 per cent lower. Anant Raj fell 9.5 per cent, while Indiabulls Real Estate declined 9 per cent. Among large cap realty stocks, DLF traded 4 per cent lower.

• Banks, realty stocks worst hit as RBI hikes repo rate

  Realty and auto stocks also fell sharply as banks indicated they will hike lending rates soon. The BSE Realty index crashed over 6 per cent. DLF, India's biggest real estate developer, was down 11 per cent at Rs 152.90.

• Sensex ends at 1 month-high; IT stocks outperform on Cognizant Q2

  StanChart IDR crashed 20 per cent. Reliance Industries shares saw choppy traded and ended lower.