Sensex, Nifty plunge 2%; oil, pharma fall sharply

The market remained under pressure with the Sensex falling 521.09 points or 1.90 percent to 26919.05 and the Nifty losing 168.15 points or 2.02 percent to 8156.65.

Banks, pharma and oil stocks are falling sharply. Bharti is up 3 percent while Axis Bank, Cipla, Vedanta, BHEL and NTPC are among laggards in the Sensex.

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Posted in: Indian Market Tips