look news india
The Indian stock market closed with a historic decline today i.e. Tuesday, June 4, after the results of the Lok Sabha elections were announced. Looking at the initial trends of counting of votes early in the morning, the market was seen declining. Heavy gaps were seen throughout the day. A tsunami of decline was seen in the Indian stock market during the trading session. The failure of the BJP to secure a majority in the Lok Sabha elections under the leadership of Prime Minister Narendra Modi led to a sell-off across the market, leading to the biggest decline in the history of the Indian stock market.
The biggest decline in the market was in the shares of Adani Group. Apart from this, a huge decline was also seen in the shares of government companies. At the end of today's trading, the BSE Sensex fell 4389.73 points to close at 72,079 points. The National Stock Exchange's Nifty fell 1379.40 points to close at 21,884.50 points.
