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BSE PSU index dropped by 16% as election results differed from exit polls, signaling possible coalition government. Market sentiments turned negative, impacting sectors previously buoyed by government initiatives. Continue Reading »
Associated Coaters IPO: The IPO's subscription period that began on Thursday, May 30, 2024, ended on Monday, June 3, 2022. The allotment to be finalised today and here's how to check allotment status as focus shifts to listing on the BSE NSE Continue Reading »
India's general elections resulted in a negative surprise with the ruling NDA set to return with a reduced majority, causing a 6% drop in the Indian markets. Emkay believes the correction isn't deep enough yet at current levels and advises switching investments if the Nifty falls below 20,000. Continue Reading »
All 12 of the index's companies were trading lower as Nifty Bank hit its lowest point of the day, 46,077.85. Ranking heavyweights HDFC Bank and ICICI Bank were among the top three laggards, having been surpassed in the slide by Reliance Industries (RIL). Continue Reading »
Share market today: Nifty 500 saw 21 stocks in green amidst market chaos post-election results. FMCG stocks like Marico, Britannia, and HUL hit all-time highs. Election outcome hints at weaker NDA mandate, possibly signaling return of coalition politics in India. Continue Reading »
BSE Sensex and Nifty 50 dropped over 5% after exit polls indicated NDA winning over 350 seats. Market stability expected with BJP as primary victor. Shankar Sharma suggests STCG and LTCG tax may be reduced but not increased. Continue Reading »