Market red trend continues; Sensex loses 425 pts at closing

According to market experts, Sensex closed at one and half month lows which is the biggest fall since May 3, 2011. Led by the fall in 28 stocks, the index dropped 425.41 points or 2.60 percent.
ICICI Bank, Tata Motors, BHEL and Sterlite Industries, who among the largecaps, crashed 5 percent each, while Infosys, Reliance Industries, HDFC Bank, HDFC, SBI, TCS, Bharti and ONGC, who among the heavyweights, were 2-3 percent down.
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