Axis Bank, Tata Motors, L&T and Reliance were losers in the Sensex.
The market has opened with severe cuts as Federal Reserve meeting on rate decision ends today while global peers are also rattled. The Sensex is down 236.12 points or 0.8 percent at 27640.49 and the Nifty is down 85.75 points or 0.9 percent at 8540.50. About 145 shares have advanced, 236 shares declined, and 15 shares are unchanged.
