The market extended its fall in late trade as the Samajwadi Party has crossed the half-way mark in the 2012 Uttar Pradesh Assembly Elections and looks all set to form the next government in the state without support from Congress or any other party.
While the party has already won 42 seats, it is leading in 173 other seats, taking the total number to 215 as per the tally at around 2.55 pm.
The BSE Sensex tanked 210 points or 1.2% to 17,153 dragged down by 25 stocks. Meanwhile, the NSE Nifty lost 61.7 points or 1.2% to 5,218.65.
Read more at :
http://www.moneycontrol.com/news/local-markets/sensex-falls-200-pts-sp-set-to-form-up-govt_677074.html
While the party has already won 42 seats, it is leading in 173 other seats, taking the total number to 215 as per the tally at around 2.55 pm.
The BSE Sensex tanked 210 points or 1.2% to 17,153 dragged down by 25 stocks. Meanwhile, the NSE Nifty lost 61.7 points or 1.2% to 5,218.65.
Read more at :
http://www.moneycontrol.com/news/local-markets/sensex-falls-200-pts-sp-set-to-form-up-govt_677074.html
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