Lok Sabha elections: Sensex down nearly 6,000 points amid trends of NDA-BJP losing grounds

Follow us on Image Source : FILE Business stock exchange building. In a dramatic turn of events, the Indian stock market witnessed a severe downturn on Tuesday, with both the Sensex and Nifty taking a massive hit amidst election uncertainties. The Sensex, India’s benchmark index, experienced a steep decline of 6,234.35 points, marking an 8.15% drop, while the Nifty, another key index, plunged by 1,982.45 points or 8.52%. Key companies suffer significant losses Several prominent companies bore the brunt of the market turmoil, with State Bank of India witnessing a staggering decline of over 16%, along with notable drops for…