Yeddyurappa taken Oath as 23rd Chief Minister of Karnataka, Markets Fall after initial rise

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Bangalore:  After a high-voltage Midnight Drama BS Yeddyurappa has finally taken oath as the 23rd Chief Minister of Karnataka. Yesterday Governor Vajubhai Vala had invited him to form the government and prove majority within 15 days.

Earlier, in the night the Supreme Court rejected Congress’ plea to interfere in the Governors decision and postpone the Oath taking Ceremony.  A grass root RSS worker, 75-year-old Bookanakere Siddalingappa Yeddyurappa, joined the Hindu right Organisation when he was 15 years old. From a clerk in a government department and later in a Rice Mill to the Chief Minister of Karnataka , BSY’s whole career has witnessed several ups and downs.

The Sensex today opens with a positive note with an increase of 112.77 points to 35,500.65 points, but later dropped slightly a fall of 23 points to 35,368.51 by 10.30 am. Nifty also opened with a gain of 39.9 at 10,771 but   later shed the gain and reached at 10,735.50 points a fall of 5.6 points. The Crude Oil prices has been going stronger day by day and is inching towards the 80 dollar mark a barrel.

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