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The S&P BSE Sensex plunged over 200 points in trade on Friday, tracking Asian markets which were trading lower after the European Central Bank (ECB) slashed its deposit rate deeper into negative territory and extended its asset buying by six months. The markets reacted negatively across the globe as the stimulus package was short of markets expectations. The ECB did not increase the amount of government bonds it buys weighed on sentiment.
The BSE Mid-cap Index is trading down 0.55% at 10,990, whereas BSE Small-cap Index is trading down 0.54% at 11,569.All sectors are showing weakness on BSE.Bhushan Steel, Dena Bank, Hathway Cable, Amtek Auto and GPPL are among the gainers, whereas Dabur, Mphasis, India Cement, KPIT, JK Tyre and IOB are losing sheen on BSE.
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