Stocks took a sharp plunge on Tuesday as the KSE-100 index fell 222.03 points or 0.77 per cent to close at 28,630.12.
The market started on a depressing note over political turmoil and straight away lost 565 points to intra-day low at 28,286.19. However, it managed to cover up some of the losses in second session.
Ovais Ahsan, analyst at JS Global Securities stated that the market lost further ground on Tuesday as the political situation entered a deadlock with both the protesting political parties and the government remaining at loggerheads.
