The counting of votes for the 2024 Lok Sabha Elections is underway, and the outcome has impacted Dalal Street’s sentiment today.
The benchmark stock market indices, S&P BSE Sensex and NSE Nifty50, have tumbled due to high volatility.
On Monday, both indices had soared to new all-time highs, driven by exit poll projections of a decisive victory for the BJP and Prime Minister Narendra Modi.
However, very early trends indicate a closer fight between the two major alliances, NDA and INDIA, leading to a swift downturn in investor confidence. Stay updated on our stock market blog for real-time coverage from Dalal Street as the election results continue to unfold.
Massive volatility has gripped Dalal Street and both the benchmark indices have tumbled. Major sectoral indices have collapsed and stocks that rose sharply on Monday have emerged as the top losers.
Top gainers were HUL (up 2.58%), Britannia (1.82%), Apollo Hospitals (1.62%), Divi’s Laboratories (1.52%), Sun Pharma (1.44%).
Top losers were Adani Enterprises (down 6.74%), Adani Ports (down 6.25%), Coal India (down 5.75%), Shriram Finance (down 5.28%) and ONGC (down 5.19%).
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