Stock Market Crash Today: ​From the Sensex pack, Reliance Industries and HDFC Bank alone contributed to a 565-point decline in the index, while L&T, SBI, ITC, NTPC, and Power Grid were among other stocks dragging the index lower. Volatility gauge India VIX also spiked 20% to 25 levels. PSU, defence stocks were also trading with deep cuts.

PSU bank stocks dropped up to 20% on BSE as BJP-led NDA led in early election trends, defying exit polls. Central Bank, Union Bank, Canara Bank, PNB, and others saw significant declines. Analysts favor private banks like ICICI and HDFC amid political uncertainty. Shares of the State Bank of India cracked 19%. Meanwhile, Punjab National Bank, Bank of Baroda, Canara Bank, and Bank of Maharashtra also shed between 17-20%.

Sensex crashes over 6,100 points following disappointing early counting trends in the elections. The market capitalisation of BSE-listed stocks dropped significantly, erasing gains from the previous session.

Shares of all 10 Adani Group companies fell as PM Modi's election results showed unexpected outcome, leading to a 20% crash in Adani Ports stock.

The S&P PSU Index plunged by 14% during the Lok Sabha election vote counting, with major PSU stocks like PFC, REC, and BHEL experiencing significant drops in early trade sessions.

Sensex and Nifty fell over 4,000 points following disappointing early counting trends in the elections. The market capitalisation of BSE-listed stocks dropped significantly, erasing gains from the previous session.

India VIX, the fear index, soared by nearly 44%, 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.

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.

Stock Market Crash Today: ​From the Sensex pack, Reliance Industries and HDFC Bank alone contributed to a 565-point decline in the index, while L&T, SBI, ITC, NTPC, and Power Grid were among other stocks dragging the index lower. Volatility gauge India VIX also spiked 20% to 25 levels. PSU, defence stocks were also trading with deep cuts.

PSU bank stocks dropped up to 13% on BSE as BJP-led NDA led in early election trends, defying exit polls. Central Bank, Union Bank, Canara Bank, PNB, and others saw significant declines. Analysts favor private banks like ICICI and HDFC amid political uncertainty. Shares of the State Bank of India cracked 10%. Meanwhile, Punjab National Bank, Bank of Baroda, Canara Bank, and Bank of Maharashtra also shed between 9-10%.

Sensex and Nifty fell over 4,000 points following disappointing early counting trends in the elections. The market capitalisation of BSE-listed stocks dropped significantly, erasing gains from the previous session.

Defence stocks fell up to 11% on BSE as ruling NDA may get lower seats in Lok Sabha elections, impacting market sentiment.

As Sensex and Nifty tanked nearly 4% on Tuesday in the wake of early poll trends, FMCG and healthcare sectors held strong, with Nifty FMCG, Nifty Pharma performing well. Dabur India, Colgate Palmolive, and Marico were top gainers.

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.

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, contrary to exit polls projecting over 370 seats.

Stock Market Crash Today: ​From the Sensex pack, Reliance Industries and HDFC Bank alone contributed to a 565-point decline in the index, while L&T, SBI, ITC, NTPC, and Power Grid were among other stocks dragging the index lower. Volatility gauge India VIX also spiked 20% to 25 levels. PSU, defence stocks were also trading with deep cuts.

As India awaits Lok Sabha election results, forecasts suggest a likely win for the Modi-led NDA alliance. Analysts anticipate market reactions, citing historical data. Post-poll, equities could experience short-term fluctuations, but tend to rebound in the medium to long term.

PSU bank stocks dropped up to 10% on BSE as BJP-led NDA led in early election trends, defying exit polls. Central Bank, Union Bank, Canara Bank, PNB, and others saw significant declines. Analysts favor private banks like ICICI and HDFC amid political uncertainty.

S&P PSU Index fell 6% during Lok-Sabha vote counting. Stocks like Cochin Shipyard, Coal India, and SBI saw significant drops. D-Street investors lost Rs 9 lakh crore in 15 minutes as Sensex crashed 2,800 points.

Stock Market Crash: ​From the Sensex pack, Reliance Industries and HDFC Bank alone contributed to a 565-point decline in the index, while L&T, SBI, ITC, NTPC, and Power Grid were among other stocks dragging the index lower. Volatility gauge India VIX also spiked 20% to 25 levels. PSU, defence stocks were also trading with deep cuts.

A decisive close above 120 levels is likely to open room for the stock to hit fresh 52-week highs up to 135-140 levels in the next few weeks, suggest experts. The stock has remained flat in the last three months but witnessed strong price action on Monday in intraday trade. The stock closed at Rs 118 on May 31, 2024.

Jefferies has listed HAL, L&T and ABB India among top 7 stocks that can rally up to 33% if Narendra Modi-led NDA retains power in the general elections.

Shares of Adani Total Gas, Ambuja Cements, and NDTV also fell around 8% each, while Adani Ports also was trading 7% lower. Despite previous gains fueled by exit polls, the conglomerate faced significant losses, erasing Hindenburg-era deficits but still falling amid market volatility.

Brokerage firms like Jefferies, ICICI Securities, and Citigroup are positive on industrial space with L&T, HAL, Balkrishna Industries, and M&M as top picks.

Nifty hit a fresh lifetime high and closed at a new all-time high level.

With the resounding victory of the incumbent government, Anand Rathi believes that markets would cheer the expected results as policy continuity would prevail with an increased focus on improving execution speed and plug gaps to increase efficiency; in turn better and sustained high GDP growth.Brokerage firm Anand Rathi has shortlisted sectors and stocks amongst its existing coverage which could benefit in the medium to long term. Investors could add these ideas in a staggered manner. Here's the list:

​From the Sensex pack, Reliance Industries and HDFC Bank alone contributed to a 565-point decline in the index, while L&T, SBI, ITC, NTPC, and Power Grid were other stocks dragging the index downwards.

SEBI wants companies seeking to go public to provide 31 additional disclosures, including details on conflicts of interest. The regulator aims to expedite public offers by requiring more information from merchant bankers, as reported by Reuters.

Investors are adjusting portfolios for potential structural reforms under Modi's third term. Sectors like infrastructure, financials, and consumer discretionary are in focus. Brokerages recommend stocks across sectors including SBI, ICICI Bank, L&T, and ONGC for potential gains post-election.

India awaits the Lok Sabha election results with anticipation, largely expecting a win for the Modi-led NDA alliance. Analysts foresee policy continuity and market stability if expectations materialize, but unexpected outcomes could trigger short-term market volatility. Regardless, experts suggest viewing any market dips as buying opportunities.

Benchmark indices surged over 3% on Monday as the BJP-led NDA victory was expected. SBI, REC, and Doms Industries recorded significant gains, with recommendations from analyst Kushal Gandhi for trading strategies.

India stock futures and rupee steady as votes in world's largest election to be counted. Prime Minister Modi expected to win third term, leading to market surge. NIFTY 50 index futures up 0.21% in early trade.

Indian markets surge as exit polls predict a strong majority for the Bharatiya Janata Party-led National Democratic Alliance. Public sector enterprises, state-run banks, and infrastructure stocks record gains, with analysts projecting sustained rally and double-digit returns in equities.

Asian share markets weakened as U.S. economy's 'exceptionalism' unravels with weakening manufacturing activity. MSCI's Asia-Pacific index down 0.1%. U.S. Treasury yields fall after weak manufacturing data. Westpac economist Coombs sees market pricing 40 basis points rate cuts by 2024.

Stocks related to Prime Minister Modi's policies, known as 'Modi stocks', are gaining attention. These include PSU stocks and those of private companies in sectors like infrastructure, defense, and manufacturing.

U.S. stocks mixed as economy slows. S&P 500 up 0.1%. Dow down 0.3%. Nasdaq up 0.6%. Manufacturing shrinks, affecting Treasury yields. Companies struggle with high interest rates. Tech stocks soar. GameStop rises. AMC climbs. Waste Management to buy Stericycle. Bond market sees yield fluctuations. Investors watch economic reports.

Tokyo stocks opened lower on Tuesday as a slightly higher yen and falls in the US Dow index weighed on the market. The benchmark Nikkei 225 index was down 0.45 percent, or 175.29 points, at 38,747.74 in early trade, while the broader Topix index was down 0.33 percent, or 9.33 points, at 2,788.74. kh/kaf/smw

Stock market hits record highs but clients face trading issues due to CDSL system failure with TPIN authorization for selling shares.

Domestic markets rally on exit polls predicting Modi government's massive mandate. ZEE, M&M Financial, Dr Reddy's, Wipro, Biocon in focus. ZEE to discuss fundraising. M&M Financial reports increased disbursements. Dr Reddy's opens biologics facility in Hyderabad. ICICI Bank partners with Adani One for co-branded credit cards with airport-linked benefits. RVNL awarded Rs 440 crore project by South Central Railway.

Stock market hits record highs but clients face trading issues due to CDSL system failure with TPIN authorization for selling shares.

“Adani Total Gas stock has broken out of its Descending Triangle formation on the daily chart, accompanied by above-average volume. Traders can buy for a target of Rs 1240-1340 in the next 3-6 months,” says KKunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking.

Depending on whether the Prime Minister Narendra Modi-led NDA surpasses or falls short of the expectations outlined by exit polls, the Nifty could experience significant swings in either direction once the trends of the Lok Sabha election results become apparent on Tuesday. The substantial rally of over 3% on Monday, coupled with a 15% decline in the India VIX fear gauge, indicates that market anticipation for a negative surprise has diminished.

Equity markets rallied over 3% after exit polls predicted NDA's third consecutive win, with experts expecting new highs and recommending focus on manufacturing, capex, infrastructure, and financials for long-term investment.

Indian equities surged to new highs on Monday as investors reacted positively to the likelihood of the Bharatiya Janata Party (BJP) winning with a strong majority based on exit polls. Benchmark indices jumped over 3%, the biggest gain in four years.

Investors poured money into Indian company stocks ETFs ahead of Modi's predicted third-term win based on exit polls. India saw the largest inflow with $307.5 million, led by iShares MSCI India ETF. Market experts like Ashish Chugh from Loomis Sayles anticipate pro-growth policies under Modi's leadership.

The stock rose from Rs 929 on April 30, 2024, to Rs 1,039 on May 31, 2024, which translates into an upside of 11.8% in a month. The stock quickly scaled Rs 1,100 levels in Monday's intraday trade. The momentum helped the stock break out from the Descending Triangle Formation on the daily chart. The breakout was confirmed with strong volumes, which is a positive sign for the bulls.

At least 60 stocks listed on the NYSE were halted due to volatility and some stocks showed unusual outsized movements.

Shares of megacaps including Apple and Meta gained between 0.8% and 2.1%, as yields on the benchmark U.S. 10-year and five-year notes fell around 10 basis points each. GameStop soared 24.1% after a weekend Reddit post from stocks influencer Keith Gill, also known as "Roaring Kitty", showed a $116 million bet on the gaming retailer.

​The S&P 500 was 0.5% lower in afternoon trading, coming off its sixth winning month in the last seven. The Nasdaq composite was down 0.1%. Some familiar stars are trying to keep the momentum alive as Wall Street’s frenzy around artificial-intelligence technology keeps building. Nvidia climbed another 3.1% to bring its gain for this year to 128% after unveiling new products and services over the weekend.

Adani Group's stocks surged up to 16% on Monday after exit polls predicted a win for Prime Minister Narendra Modi in the upcoming Lok Sabha election results. The total market value of the group's listed entities reached Rs 19.24 lakh crore, with Adani Power leading the increase at 16% and Adani Ports following at 9%. Watch!