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Market Mayhem: Sensex and Nifty Plummet as NDA Falls  Short of 300-Seat Mark The stock market experienced a significant downturn on Tuesday as the Bharatiya Janata Party (BJP) struggled to secure a decisive lead in the ongoing national election results.  Election Results Impact Market Sentiment By 11 AM, it became clear that the BJP, on its own, was unlikely to cross the halfway mark, although it is certain that with allies, the National Democratic Alliance (NDA) will form the government at the center. The idea of a coalition government led by the BJP has led to widespread market anxiety and a sharp decline in stock indices. Sharp Decline in Sensex and Nifty Since the opening of trading on Tuesday, investor sentiment has been notably bearish. The Bombay Stock Exchange's benchmark Sensex plummeted by 3905.15 points, while the Nifty 50 index suffered a substantial drop, falling 1061.05 points by 11 AM. Sector-Wide Declines The decline in stocks was widespread, affecting various ...

Sensex and Nifty Reach Record Highs on Expectations of  M odi 3.0 The stock market opened with unprecedented gains on Monday, driven by exit polls predicting a decisive victory for the BJP-led NDA coalition. This surge in investor optimism propelled the Sensex and Nifty to new all-time highs. Sensex and Nifty Surge The Sensex soared by 1859.88 points, opening at a record 75,821.19, while the Nifty jumped 603.85 points, starting the day at 23,134.55. Remarkably, all 50 companies in the Nifty index saw advances, marking an exceptionally strong market performance. Leading the rally were Adani Ports, Adani Enterprises, Power Grid, Shriram Finance, and NTPC. Strong Economic Indicators The buoyant market sentiment was further supported by India's impressive Q4FY24 GDP growth of 7.8%, surpassing expectations and bringing the fiscal year's growth to a robust 8.2%. Varun Aggarwal, founder and managing director of Profit Idea, commented on the positive sentiments driven by the GDP growth...