Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/policy-paralysis-fears-haunt-markets-13530/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/policy-paralysis-fears-haunt-markets-13530/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/policy-paralysis-fears-haunt-markets-13530/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/policy-paralysis-fears-haunt-markets-13530/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f2a8b2df873-trace').style.display = (document.getElementById('cakeErr67f2a8b2df873-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f2a8b2df873-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f2a8b2df873-code').style.display = (document.getElementById('cakeErr67f2a8b2df873-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f2a8b2df873-context').style.display = (document.getElementById('cakeErr67f2a8b2df873-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f2a8b2df873-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f2a8b2df873-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 13408, 'title' => 'Policy paralysis fears haunt markets', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Times of India </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp; </div>', 'credit_writer' => 'The Times of India, 7 March, 2012, http://timesofindia.indiatimes.com/business/india-business/Policy-paralysis-fears-haunt-markets/articleshow/12168436.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'policy-paralysis-fears-haunt-markets-13530', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13530, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 13408, 'metaTitle' => 'LATEST NEWS UPDATES | Policy paralysis fears haunt markets', 'metaKeywords' => 'Governance', 'metaDesc' => ' -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close...', 'disp' => '<div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp;</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 13408, 'title' => 'Policy paralysis fears haunt markets', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Times of India </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp; </div>', 'credit_writer' => 'The Times of India, 7 March, 2012, http://timesofindia.indiatimes.com/business/india-business/Policy-paralysis-fears-haunt-markets/articleshow/12168436.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'policy-paralysis-fears-haunt-markets-13530', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13530, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 13408 $metaTitle = 'LATEST NEWS UPDATES | Policy paralysis fears haunt markets' $metaKeywords = 'Governance' $metaDesc = ' -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close...' $disp = '<div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp;</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/policy-paralysis-fears-haunt-markets-13530.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Policy paralysis fears haunt markets | Im4change.org</title> <meta name="description" content=" -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Policy paralysis fears haunt markets</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. "Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP," said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China. </div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f2a8b2df873-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f2a8b2df873-code').style.display = (document.getElementById('cakeErr67f2a8b2df873-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f2a8b2df873-context').style.display = (document.getElementById('cakeErr67f2a8b2df873-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f2a8b2df873-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f2a8b2df873-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 13408, 'title' => 'Policy paralysis fears haunt markets', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Times of India </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp; </div>', 'credit_writer' => 'The Times of India, 7 March, 2012, http://timesofindia.indiatimes.com/business/india-business/Policy-paralysis-fears-haunt-markets/articleshow/12168436.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'policy-paralysis-fears-haunt-markets-13530', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13530, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 13408, 'metaTitle' => 'LATEST NEWS UPDATES | Policy paralysis fears haunt markets', 'metaKeywords' => 'Governance', 'metaDesc' => ' -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close...', 'disp' => '<div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp;</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 13408, 'title' => 'Policy paralysis fears haunt markets', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Times of India </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp; </div>', 'credit_writer' => 'The Times of India, 7 March, 2012, http://timesofindia.indiatimes.com/business/india-business/Policy-paralysis-fears-haunt-markets/articleshow/12168436.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'policy-paralysis-fears-haunt-markets-13530', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13530, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 13408 $metaTitle = 'LATEST NEWS UPDATES | Policy paralysis fears haunt markets' $metaKeywords = 'Governance' $metaDesc = ' -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close...' $disp = '<div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp;</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/policy-paralysis-fears-haunt-markets-13530.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Policy paralysis fears haunt markets | Im4change.org</title> <meta name="description" content=" -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Policy paralysis fears haunt markets</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. "Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP," said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China. </div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f2a8b2df873-trace').style.display = (document.getElementById('cakeErr67f2a8b2df873-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f2a8b2df873-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f2a8b2df873-code').style.display = (document.getElementById('cakeErr67f2a8b2df873-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f2a8b2df873-context').style.display = (document.getElementById('cakeErr67f2a8b2df873-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f2a8b2df873-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f2a8b2df873-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 13408, 'title' => 'Policy paralysis fears haunt markets', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Times of India </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp; </div>', 'credit_writer' => 'The Times of India, 7 March, 2012, http://timesofindia.indiatimes.com/business/india-business/Policy-paralysis-fears-haunt-markets/articleshow/12168436.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'policy-paralysis-fears-haunt-markets-13530', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13530, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 13408, 'metaTitle' => 'LATEST NEWS UPDATES | Policy paralysis fears haunt markets', 'metaKeywords' => 'Governance', 'metaDesc' => ' -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close...', 'disp' => '<div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp;</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 13408, 'title' => 'Policy paralysis fears haunt markets', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Times of India </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp; </div>', 'credit_writer' => 'The Times of India, 7 March, 2012, http://timesofindia.indiatimes.com/business/india-business/Policy-paralysis-fears-haunt-markets/articleshow/12168436.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'policy-paralysis-fears-haunt-markets-13530', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13530, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 13408 $metaTitle = 'LATEST NEWS UPDATES | Policy paralysis fears haunt markets' $metaKeywords = 'Governance' $metaDesc = ' -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close...' $disp = '<div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. &quot;Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP,&quot; said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.&nbsp;</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/policy-paralysis-fears-haunt-markets-13530.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Policy paralysis fears haunt markets | Im4change.org</title> <meta name="description" content=" -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Policy paralysis fears haunt markets</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. "Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP," said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China. </div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 13408, 'title' => 'Policy paralysis fears haunt markets', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Times of India </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. "Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP," said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China. </div>', 'credit_writer' => 'The Times of India, 7 March, 2012, http://timesofindia.indiatimes.com/business/india-business/Policy-paralysis-fears-haunt-markets/articleshow/12168436.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'policy-paralysis-fears-haunt-markets-13530', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13530, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 13408, 'metaTitle' => 'LATEST NEWS UPDATES | Policy paralysis fears haunt markets', 'metaKeywords' => 'Governance', 'metaDesc' => ' -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close...', 'disp' => '<div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. "Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP," said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China. </div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 13408, 'title' => 'Policy paralysis fears haunt markets', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Times of India </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. "Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP," said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China. </div>', 'credit_writer' => 'The Times of India, 7 March, 2012, http://timesofindia.indiatimes.com/business/india-business/Policy-paralysis-fears-haunt-markets/articleshow/12168436.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'policy-paralysis-fears-haunt-markets-13530', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13530, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 13408 $metaTitle = 'LATEST NEWS UPDATES | Policy paralysis fears haunt markets' $metaKeywords = 'Governance' $metaDesc = ' -The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close...' $disp = '<div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. "Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP," said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore. </div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China. </div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Policy paralysis fears haunt markets |
-The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the group's proximity to the Samajwadi Party which got the majority mandate. Reliance Power closed 7.1% lower while Reliance Infrastructure closed 5.7% off, mainly on profit taking. With the Congress and its allies failing to make any mark in the state polls, Dalal Street investors now fear that the uncertainty in policy making at the Centre will continue. Investors also fear a repeat of the last Parliament session in December when not even a day's work was possible amid opposition's protests against the government's policies. Stocks of sugar companies as well as Jaypee group nosedived on Tuesday. The Jaypee group, promoted by the Gour family, was known to have been close to the previous BSP regime. However, the stocks of Sahara group, known to have a close rapport with the Samajwadi Party, were up with Sahara One Media and Sahara Housing Finance gaining 5% each. Overall, Tuesday's market also witnessed foreign fund selling, recording a net outflow of about Rs 240 crore. Institutional dealers said FII fund managers were keeping a close watch on the election results and saw the setback for the Congress in UP as a mandate against the way the government at the Centre is being run, including the slow reforms process. In addition, now that the polls are over, petro price hike could come in anytime - another dampener for the market. Some talk of a mid-term poll is also a big negative for the market. With so many negatives, the ruling coalition is expected to face the heat in the Budget session starting next week. "Congress will be under pressure in the coming Budget session. Some portions of the Budget will surely be rewritten after the loss in UP," said Arun Kejriwal, director, KRIS, an investment advisory firm. Domestic and foreign fund managers are also concerned that the setback in UP may also force the Congress to settle for a populist Budget, worsening the fiscal situation. Already the government's fiscal deficit, as of end January, was 105% of the Budget estimate for the current year. Among the sensex shares, Hindalco closed 5.8% lower at Rs 132, while Sterlite was down 5.4% at Rs 114 and Tata Steel lost 5.4% at Rs 426. The day's slide also left investors poorer by Rs 74,000 crore with BSE's market capitalization now at Rs 61.7 lakh crore. On Tuesday, trading was volatile with the sensex initially rising by over 300 points but then as the results started coming, the index dipped into the red. Among the sectors that led the slide were metal, power and capital goods. BSE's metal index fell 3.9%, power index was down 2.4% and capital goods index fell nearly 2%. To some extent, the day's slide was also impacted by weak global markets on the back of fresh fears about Greece and slowing growth in China.
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