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The S&P BSE Sensex plunged over 100 points in morning trade on Tuesday following muted trend seen in other Asian markets. The fall in the index was led by losses in HDFC BankBSE -0.68 %, HDFC, Infosys, TCSBSE -0.66 %, and Bharti AirtelBSE -0.72 %.The Nifty50 also came under pressure and slipped below its crucial psychological support level of 7900, weighed down by losses in IT, banks, metal, oil & gas, and power stocks. 

India's Tata Motors Finance Ltd plans to raise funds selling bonds maturing in two years, three merchant bankers said
on Friday. The company will pay an annual coupon of 9.10 percent to investors of the issue.