Markets witness selling kicking in, as Asian markets have also seen significant cuts. The markets in US had recorded a 2% cut earlier on Wednesday.
At 10:34 AM, the Nifty has seen a cut of 38 pts or -0.7% at 5555.
Sun TV, from the media space, has recorded the biggest fall – losing around 23%. The stock recoded a low of 288.10. The stock has seen this drastic movement, in the wake of the PIL filed against Union minister Dayanidhi Maran
Tata motors has seen a cut of 2.7%.