Sensex tanks over 450 pts, Nifty below 8250; oil drags

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The market has opened with massive losses. The Sensex is at 27351, down 498 points while the Nifty is 8236, down 137 points.

About 231 shares have advanced, 909 shares declined, and 478 shares are unchanged.

Tata Motors, Tata Power and Hindalco
are other losers in the Sensex.

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