he cuts are way deeper across the mid and small cap stocks. Both the indices are down 2 percent each. HDIL (down 9.1 percent),Unitech (down 9 percent) and Crompton Greaves (down 8.2 percent) were hit the most.
European markets are battered too. CAC opens down 2.2 percent while FTSE falls 1.7 percent from its previous close.