Welcome to the live coverage of the Day 2 of the 2014 IPL Auction in Bangalore, on Thursday.

Yuvraj Singh stole the show on Day 1 with a massive bid of Rs. 14 crore paid for him by Royal Challengers Bangalore, while Dinesh Karthik shocked many as Delhi Daredevils paid a whopping Rs. 12.5 crore to purchase him.

Delhi also managed to retain Kevin Pietersen for 9 crore, while Kings XI Punjab bagged Mitchell Johnson for 6.5 cr, who also got his Australian team mate Glenn Maxwell for 6 crore.

Check out the purchases made by the teams on Day 1

Let us see how much each team has in their kitty for Day 2 of the Auction:

Team    Funds Remaining
CSK     ₹2,90,00,000
DD        ₹8,60,00,000
KXIP    ₹14,20,00,000
MI         ₹5,15,00,000
RR         ₹12,10,00,000
RCB      ₹1,80,00,000
SRH       ₹8,40,00,000
KKR      ₹9,00,00,000