Sensex, Nifty crack 1%; Vedanta, Cipla, LT major laggards

Sensex, Nifty crack 1%; Vedanta, Cipla, LT major laggards Coal India, Tata Steel, Axis Bank and GAIL are top gainers in the Sensex while Vedanta, ONG, TCS, Cipla and LT are top gainers.