Mumbai: Benchmark stock market indices registered their worst fall since the onset of the Covid-19 pandemic as the Lok Sabha election results 2024 revealed a closer fight between the two major alliances, NDA and INDIA, in stark contrast to what the exit polls had predicted.
The S&P BSE Sensex crashed 6,000 points, while the NSE Nifty50 fell 1,600 points.
Bloodbath on Dalal Street continues as it sees worst day since the Covid-19 pandemic.
“The market does not want a hung parliament or a coalition government, where you will have a lot of delays in decision making,” said Madhavi Arora, Lead Economist, Emkay Global, Mumbai.
