Stock market jolted in early trade, investors lost Rs 10.32 lakh crore

New Delhi, June 04 (Tezzbuzz). The domestic stock market is witnessing a huge decline as the initial trends during the counting of votes in the Lok Sabha elections indicate that the BJP-led alliance may suffer a setback in many states. In the initial business, both the Sensex and Nifty indices have registered a decline of more than 2.75 percent. Due to the decline in the trading so far, investors have suffered a loss of Rs 10.32 lakh crore immediately after the market opened.
Selling pressure is also seen in midcap and small cap stocks in early trade. On the other hand, if we talk about overall trading, all the sectoral indices of Sensex and Nifty are trading in the red. Talking about the equity benchmark index, after the first half hour of trading, at 9:30 am, the Sensex was trading at a level of 74,398.32 points with a decline of 2,070.46 points. Similarly, the Nifty was seen trading at a level of 22,566.10 points with a weakness of 697.80 points.
Earlier on the last trading day on Monday, the Sensex closed at 76,468.78 points with a gain of 2,507.47 points or 3.39 percent. On the other hand, the Nifty ended Monday's trading at 23,263.90 points, jumping 733.20 points or 3.25 percent.
Tezzbuzz News/ Yogita
/Mukund