Sensex was down 416.46 points or 0.99% at 41528.91, and the Nifty was down 127.90 points or 1.04% at 12224.50. About 944 shares have advanced, 1555 shares declined, and 176 shares are unchanged. Kotak Mahindra Bank, Zee Entertainment, IOC, Coal India and Reliance Industries were among major losers on the Nifty, Power Grid Corp, Bharti Airtel, Bharti Infratel, GAIL and ITC were among major gainers on the Nifty.

Sensex was down 416.46 points or 0.99% at 41528.91, and the Nifty was down 127.90 points or 1.04% at 12224.50. About 944 shares have advanced, 1555 shares declined, and 176 shares are unchanged. Kotak Mahindra Bank, Zee Entertainment, IOC, Coal India and Reliance Industries were among major losers on the Nifty, Power Grid Corp, Bharti Airtel, Bharti Infratel, GAIL and ITC were among major gainers on the Nifty.