BSE Sensex plunge sharply; Down 403 points on Friday

Mumbai: The benchmark index of the Indian equities markets, on Friday, fell sharply following consolidation seen in the previous session after the rally in seven consecutive sessions.

The 30-share BSE Sensex plunged 403.32 points or 1.11 per cent to 36,028.35. The 50-share NSE Nifty fell far below 10,900 levels, down 130.30 points, or 1.19 percent, at 10,821.40 at around 12.30 pm.

The broader markets, too, were under pressure but the fall was less compared to frontliners. The Nifty Midcap slipped 0.7 percent and Smallcap 0.6 percent.

All sectoral indices were in bear trap except PSU Bank (up 0.17 percent). Nifty Auto, IT and Realty were prominent losers, falling over a percent each.