Despite starting the week on a high note, equity benchmarks closed in the red for the seventh consecutive session after the country's political crisis deepened towards the close of the trading day. It was reported that Mulayam Singh Yadav’s Samajwadi Party, which supports the government from outside, may pull the plug on the UPA government leading to an early polls. Talks of early polls, which analysts say can be in October, cracked up an otherwise steady market in the second half when European indices were trading strong on Cyprus bailout news....
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