Tata Motors, ITC, Bharti Airtel, Sun Pharma and Hero MotoCorp are losers in the Sensex. Among gainers are Adani Ports, Cipla, Infosys and Dr Reddy's Labs.
Speaking to CNBC-TV18 Udayan Mukherjee said that the whole era of easy money driving momentum in emerging markets is over. Markets have been resetting themselves and last night with the Fed reserve raising rates that nail got driven home with more firmness, he said.





