After a lot of volatility, the market has ended with severe cuts. The Sensex was down 373.94 points or 1.3 percent at 28294.28 and the Nifty fell 108.50 points or 1.2 percent at 8723.05. About 1047 shares have advanced, 1645 shares declined, and 213 shares are unchanged.
Coal India, Reliance, Dr Reddy's Labs and TCS were top gainers while ONGC, Tata Motors, ICICI Bank, NTPC and GAIL were losers in the Sensex.
European stocks were lower as investors trod cautiously ahead of an OPEC producers meeting in Algeria this week. Germany's DAX, France's CAC and Britain's FTSE were down 1-1.6 percent.
New launch:
ountry's largest two wheeler maker Hero Motocorp today launched an updated version of its premium segment bike Achiever 150, priced up to Rs 62,800 (ex-showroom Delhi), as it looks to enhance presence in premium segment.
The variant with drum brakes is priced at Rs 61,800 while the one with disc brakes is at Rs 62,800.
"The launch of the next generation Achiever 150 is a reiteration of our strong focus on developing new, technologically superior and youthful products across segments for our customers in India and across the globe," Hero MotoCorp Chairman, MD and CEO Pawan Munjal told reporters here.
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