1. As suggested market tanked due to bad news from the US which kept the market pinned down.
2. The US Fed has cut 25 bps today, a day ahead of the Fed meet and more is being in offing in form of another 50-75 bps cut tommorrow.
3. World wide Weak cues from Asia and Europe has led to FII away from the market.
4. Sensex ended the session at 14,809, down 951 points from the previous close.
5. Nifty closed at 4503, down 242 points.
6. The biggest losers on the Sensex are ICICI Bank, JP Associates, HDFC and Hindalco
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