The S&P BSE Sensex plunged as much as 356 points in trade on Friday tracking other Asian markets, which were trading lower after US President Barack Obama authorised air strikes against Islamic militants in northern Iraq, said media reports.
Force Motors plans to invest around Rs 1,000 crore over the next four years on various activities, including product development and setting up of a dedicated facility for assembling engines for BMW vehicles.
Capital goods and metal stocks are dragging the markets. Sesa Sterlite, BHEL, Tata Power, Hindalco and Tata Steel are top losers in the Sensex.
Global share markets had already been heading for a second week of straight losses but the latest developments sparked a fresh sell-off. European stocks opened down almost 1 percent after Asian markets had seen similar falls overnight.
Global share markets had already been heading for a second week of straight losses but the latest developments sparked a fresh sell-off. European stocks opened down almost 1 percent after Asian markets had seen similar falls overnight.
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