BSE Sensex flat ECB meet outcome crucial

SENSEX-FLAT-ECB:BSE Sensex flat ECB meet outcome crucial

 

Reuters Market Eye - The BSE Sensex and Nifty remain steady as traders are cautious ahead of a crucial meeting of the European Central Bank.

Asian shares up on reports that the ECB will buy unlimited amounts of short-term sovereign bonds to cap surging borrowing costs in indebted euro zone states.

Bharti Airtel shares fall 3 percent ahead of its annual general meeting, while ITC fell 1.5.

Bank shares reverse Wednesday's fall: ICICI Bank gains 1.05 percent while Axis Bank gains 0.7 percent.