September 20, 2012

Political jitters cause Sensex to plunge 147 points

by Mir Mazhar Hussain

Markets plunged today reacting to the announcement by Trinamool congress that they will withdraw ministers from the UPA government opposing UPA's measures such as diesel price hike, FDI in retail and cap on supply of LPG cylinders.

The Sensex closed at 18349.25 down 146.76 points while the Nifty closed at 5554.25 down 45.80.