Biggest gainers & losers of the day: Metal stocks bleed; HLE Glasscoat shines 20%

New Delhi: Domestic equity markets marched along the global sell-off on Monday and settled lower amid the Evergrande crisis in China. Metal stocks were largely under pressure, whereas FMCG shares saw buying.

The 30-share pack Sensex fell 524.96 points or 0.89 per cent to close at 58,490.93. Its broader peer Nifty50 declined 188.25 points or 1.07 per cent to 17,396.90. Broader markets underperformed as BSE midcap and smallcap index tanked 2 per cent each.

Metal players bled, whereas hotel stocks were the buyer's favourite. NDTV rose amid the buzz of takeover by Adani Group. BLS International tanked following the negative newsflow.

Here is a look at some of the biggest movers and shakers of Monday's session:

TOP GAINERS OF THE DAY

HLE Glasscoat: Ashish Kacholia-backed firm zoomed 20 per cent to Rs 6,213.10 ahead of its investor call. The company will host the meeting on Tuesday.

Hotel Stocks: Hotel stocks were abuzz amidst reports of more relaxations in opening up themes, which will aid hotels. The government intends to support the worst-affected sectors for the economy. Royal Orchid Hotels soared 12 per cent to Rs 91.90, whereas Indian Hotels surged 8 per cent to Rs 161.20.

Neogen Chemicals: The speciality chemical player was in demand despite the weak trade in the markets due to a strong technical set up. The scrip gained 11 per cent to Rs 1259.90.

New Delhi Television: The media player rallied to hit its 10 per cent upper circuit limit at Rs 79.65 amid speculations in the market that Adani Group may acquire the company.

RPSG Ventures: The IT software player added 10 per cent to Rs 1084.05 after it clarified to the bourses about the price and volume movement of the shares saying that it may be due to market conditions, which are beyond the control of the company.

TOP LOSERS OF THE DAY

BLS International: The visa service player hit a lower circuit of 10 per cent to Rs 273.90 after the company gave its clarification on 'unsolicited messages' in relation to the equity shares of the company through the BSE website. The company has made a criminal complaint with the cyber crime cell of Delhi Police through email.

Easy Trip Planners: The travel booking firm tanked 10 per cent to Rs 598.90 after the company expanded its international presence to Philippines, Thailand and the US.

Tata Steel: The bluechip steel player shed 10 per cent to Rs 1253.35 as traders booked profits out of the stock and analysts downgraded their expectations from the metal sector.

Metal stocks: The metal stocks remained under pressure, thanks to Evergrande crisis, where China's second largest realtor Evergrande is likely to default on a $83.5 million interest. Jindal Steel and National Aluminium declined 9 per cent each to Rs 351.30 and Rs 85.75 respectively.

Central Bank of India: The state owned lender declined 8 per cent to Rs 21.45 after there was no update from the finance ministry's press conference on privatisation.