Markets stabilize bit post political news

CNBC-TV18's Managing Editor, Udayan Mukherjee - It was a horrible start to the day but the market seems to have somewhat stabilized in a bit of a trading range after the political news has come to the fore. So it’s not strong because the global environment is quite weak today but in the context of what has happened to the market and the news it was expecting, and then had to digest it is not been too bad. The breadth has improved a little bit and the midcap index is not down so much, so under the circumstances you would have to say that we haven’t done too badly.