Sensex, Nifty fall over 1%, Sun Pharma top gainer on Q2 earnings

On the last trading day of the week, the Sensex and Nifty turned volatile in early trade following Asian stocks as investors feared a spike in interest rate over a possible capital outflow after Trump's presidency. The headline indices cracked as Sensex was trading 27,153, down 364 points while the Nifty was trading at 8,398, down 127 points. Until then a prudent strategy for momentum traders would be to take some money off the table from their existing longs," said and Angel Broking report.