The stock market did not like the election results, shares of all Adani Group companies fell

Lok Sabha Election Result 2024: The stock market is not liking the initial signals of counting of votes. The market has opened with a big decline. The biggest decline is being seen in the shares of Adani Group companies. The decline in the market is continuing today as well, as was the rise yesterday.

At 9:30 in the morning, Nifty reached around 600, while Bank Nifty is seeing a decline of 1500. Shares of government companies have fallen. If the results do not come as per the exit polls, there is a possibility of some correction in the market.

Nifty and Bank Nifty fell by about 3 percent. Shares of all Adani Group companies have fallen. Shares of Adani Ports are down by 9 percent, Adani Power by 10 percent, Ambuja Cement by 10 percent, Adani Enterprises by 10 percent. LIC is down by 10 percent, HAL by 10 percent. Reliance is down by four and a half percent.