The quantum statistical properties of a single mode of the radiation field, prepared in the coherent state, interacting with a nonlinear medium of inversion symmetry are studied with the help of the usual two photon correlation function for zero time delay. We report the photon antibunching and sub-Poissonian photon statistics in addition to the usual photon bunching and the super-Poissonian photon statistics for an input vacuum field. The manipulation of the phase of input coherent light gives rise to the well known self induced transparency. The possible physical explanations for these events are presented.