Markets crash as government totters

  • 5 years ago
All eyes are now on the Market after the equities markets' key indices on Tuesday t which opened in the positive at 19,345.91 points, ended the day at 19,008.10 points, down 148 percent or 285.10 points from its previous day close at 19,293.20 points. The indices tumbled after the DMK quit the ruling United Progressive Alliance over the Sri Lankan issue and the RBI stuck to a cautious approach on monetary policy. The market was trading in the positive terrain in the morning session but crashed immediately after the Reserve Bank of India announced its monetary policy review and the DMK decided to quit the government.
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