Markets fall for 2nd day; Sensex tanks 418 points, Nifty slides below 11,700

Major losers in the sensex pack were Heromoto Corp, Maruti, L&T, Bajaj Auto, M&M, HUL, Tata Motors, SBI, Kotak Bank, ONGC, HDFC Bank and NTPC, falling upto 3.33 percent.

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