The Sensex is down 323.88 points or 1.32 percent at 24232.21 and the Nifty is down 98.35 points or 1.34 percent at 7231.30. About 1329 shares have advanced, 1583 shares declined, and 115 shares are unchanged. Infosys, Wipro, BHEL, ONGC and Cipla are top losers in the Sensex. Among the gainers are Hindalco, M&M, Dr Reddy's Labs, TCS and Sun Pharma.
Air Asia India, which will operate a low-cost
airline, won a flying permit from the Indian regulator this month. India's Tata
Group and investment firm Telestra Tradeplace are Air Asia’s partners in the
venture.
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