MUMBAI, March 16 (Xinhua) -- Indian markets closed lower Friday.

Benchmark indices fell sharply in the last hour of trade amid political upheaval after the Telugu Desam Party (TDP) formally decided to quit the NDA government.

The benchmark S&P BSE Sensex closed at 33,176.00, 509.54 point or 1.51 percent down compared to its previous close at 33,685.54. Enditem