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Live Sensex Index

The BSE Sensex fell 100 points in early trade on Friday as the European Central Bank, after inaction from the Federal Reserve, disappointed markets looking for an imminent move to deal with the euro zone debt crisis, spurring risk aversion.

European Central Bank the last significant occasion this week after RBI plan and FOMC fulfill too dissatisfied the road by keeping plan rates the same last night. The central bank has not even declared any new plan actions to get back gradual financial growth.

The BSE benchmark declined 120 points to 17,102 and the NSE benchmark was down 38.39 points to 5,188.90.

Among Asian markets, Hang Seng, Kospi and Taiwan Weighted lost 0.60%-0.8%. Nikkei tanked 1.5% while Shanghai gained just 0.3%.

Mahindra Satyam surged over 4% after better than expected numbers in the first quarter of FY13. Glenmark Pharma was up over 1%, Oracle Financial rose 1.7% and Shasun Pharm gained 0.5% after June quarter results.

Kale Consultants gained another 5% after yesterday's 20% rally due to strong numbers in June quarter.
Jet Airways, United Spirits and Deccan Chronicle were up 0.5-1%.
The Indian rupee fell to 56.10/11 to the dollar v/s its last close of 55.81/84. It fell to as low as 56.19 to the dollar, it’s lowest since July 26.

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