5 past instances when Sensex has seen bigger falls than today’s intraday slide
Sensex erased all gains it made in the 2024 calendar year and fell below the 70,500 threshold after the polls, indicating that the BJP may not win as many seats as the market expected.
Technical Breakout Stocks: How to trade Tata Technologies, Blue Star and Suzlon on Wednesday
Nifty recorded its biggest single-session fall in over 4 years. The Nifty Midcap and Nifty Smallcap indices also reported their biggest-ever fall in absolute terms while Nifty Bank plunged nearly 8%. FMCG space saw some buying. Public sector, infrastructure and CPSE indices saw heavy selling pressure, down by over 15% each.
Tech View: Nifty forms long bearish candle. Here’s how to trade on Wednesday
Nifty slipped below short-term and medium-term averages. Now, 50-day SMA or 22,400/73,500 and 22,500/74,000 are likely to act as key resistance areas for traders. Nifty has violated the higher-top and higher-bottom formations and suggests change in short-term trend.
SBI, GAIL among 10 stocks that crashed up to 25% on election results day
RIL investors suffer Rs 1.67 lakh crore loss as stock crashes 10%
RIL investors lost Rs 1.67 lakh crore as shares tumbled 9.6% on BSE due to lower seat count estimates for the NDA alliance in Lok Sabha elections.
Profit Booking! Medium, small and microcaps in line of investors’ ire
Market fall on Tuesday impacted Nifty Midcap 100, Nifty Smallcap 100, and Nifty Microcap 250 indices. Midcap index fell by 7% to 49,623.10, Smallcap index dropped by 7% to 15,801.80, and Microcap saw 247 stocks in red.
PFC, REC, Adani stocks among top losers, share prices fall up to 20%
Shares of companies like PFC, REC Ltd, and Adani Ports plummeted in today’s market turmoil due to poor Lok Sabha election results for the Narendra Modi-led NDA government.
Railway stocks tank 13% as early election trends diverge from exit polls
Railway firm stocks plummeted up to 13%, as election trends diverged from exit polls. Rail Vikas Nigam dropped nearly 13%, with Ircon International down by 12%. Other firms like RailTel, IRFC, Texmaco, and IRCTC fell 6-10%. Titagarh Rail Systems and Jupiter Wagons also saw declines. Early data showed the BJP-led NDA leading in 289 seats, […]
India VIX jumps 40%, registers highest single-day gain in 9 years
India VIX, the fear index, soared by nearly 40%, marking its highest single-day gain in 9 years amidst strong election count trends. Investors adopted a risk-averse stance, leading to a 4,100-point drop in Sensex. Market capitalization declined by Rs 17.61 lakh crore. Experts anticipate VIX to hit 30, advising cautious investment strategies.
Defence stocks fall up to 11% in early trade session amid tight election race
Defence stocks fell up to 11% on BSE as ruling NDA may get lower seats in Lok Sabha elections, impacting market sentiment.