Press Esc to close
Friday 26 August 2016
News updated at 1:49 PM IST
Weather
Max: 27.6°C
Min : 21°C
In Bengaluru
Sunny day

Markets crash as DMK quits UPA

Mumbai, March 19, 2013 (IANS)

Indian equities crashed Tuesday morning, minutes after the DMK quit the ruling United Progressive Alliance (UPA) over the Sri Lankan issue.

The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened higher Tuesday at 19,345.91 points against the last close at 19,293.20 points. But soon after the news of the pullout, it crashed to 18,939.47 points, an intra-day fall of over 400 points.

The key index saw some volatile movement and was quoting at 19,066.25 points before noon, with a loss of 226.95 points, or 1.18 percent, over the previous day's close.

The DMK has 18 members in the Lok Sabha and five of its MPs are ministers in Prime Minister Manmohan Singh's council of Ministers. The party wants a resolution adopted in parliament declaring there was genocide of Tamils in Sri Lanka.

Sri Lanka is under attack over the death of a large number of Tamil civilians during the final stages of the war that crushed the Liberation Tigers of Tamil Eelam (LTTE) in 2009.


Go to Top

Photo Gallery
Children dressed Radha Krishna on the occasion of Sri Krishna Janmashtami celebrations...

Children dressed Radha Krishna on the occasion of Sri Krishna Janmashtami celebrations...

Renowned artist Partha Das hands over a potrait of Mother Teresa to Sister Lysa...

Renowned artist Partha Das hands over a potrait of Mother Teresa to Sister Lysa...

Sarbananda Sonowal feeding baby elephants rescued during the recent floods at Wildlife...

Sarbananda Sonowal feeding baby elephants rescued during the recent floods at Wildlife...

Members of AISA and JNUSU shout slogans during their protest in connection of JNU rape case...

Members of AISA and JNUSU shout slogans during their protest in connection of JNU rape case...

Devotees form a human pyramid to celebrate the festival of Janmashtami, marking the birth...

Devotees form a human pyramid to celebrate the festival of Janmashtami, marking the birth...

A devotee performs prayers at a Lord Shiva temple submerged in flood water of Ganga River...

A devotee performs prayers at a Lord Shiva temple submerged in flood water of Ganga River...

An aerial view of a flooded area in Allahabad on Thursday...

An aerial view of a flooded area in Allahabad on Thursday...

A view of lighting at Sri Krishna Janamsthan temple during Sri Krishna Janmashtami festiva...

A view of lighting at Sri Krishna Janamsthan temple during Sri Krishna Janmashtami festiva...

Muslim women carrying their children dressed up as Lord Krishna and Radha for a program...

Muslim women carrying their children dressed up as Lord Krishna and Radha for a program...

Bollywood actress Sonakshi Sinha at a press conference to promote her upcoming film in Jaipur...

Bollywood actress Sonakshi Sinha at a press conference to promote her upcoming film in Jaipur...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523