Sensex crashes as DMK pulls out of UPA

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.

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