Sensex, Nifty slip sharply; Dr Reddy, Coal India up

The market is under huge pressure as the Sensex is down 529.43 points or 1.9 percent at 26977.87. The Nifty is down 172.30 points or 2 percent at 8152.95. About 614 shares have advanced, 1787 shares declined, and 140 shares are unchanged.

Hero Motocorp is up 4 percent while Dr Reddy’s Labs and Coal India are top gainers in the Sensex. Among the losers are Vedanta, Tata Steel, BHEL, ICICI Bank and Hindalco.

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Posted in: Indian Market Tips