Sennheiser HD 201 is an ok phone for its price. Similar phones from other manufacturers can do better at that price. I would strongly recommend a Sony at that price. Sony is unbeatable in that price class.
Another option would be an IEM. Sennheiser CX-300 is a great phone in that range. Definitely eclipses everything else I heard at that price.
Checked with the local vendor he said he can give HD 202 for Rs.1950 , he also have px 100 which is around 3500 , Do px 100 sound much better than HD 202, will the extra rupees for that worth ( i don't care much about mobility since it will be pared with my PC),
and i read here in the forum that AKG K77 is good. Hows it in comparison with Px 100 and 202 ?