The market screamed after the election results, with the Sensex falling 4,389.73 points.

STOCK MARKET: On Tuesday, June 4, 2024, the day of counting of votes for the formation of the 18th Lok Sabha, there was an all-round buzz in the domestic stock market after seeing the election results. The stock market, which opened Tuesday morning with a sharp decline, was caught between upper and lower rounds in afternoon trade and ended with a sharp decline in late evening trade. At the close of trade, the Mumbai Stock Exchange (BSE) Sensex closed down 4,389.73 points, or 5.74 per cent, at 72,079.05, a deep dive. Meanwhile, the National Stock Exchange's (NSE) Nifty also fell by around 1,379.40 points, or 5.93 per cent, to settle at 21,884.50. During post-12 noon trade, the Sensex fell 5,130.01 points to settle at 71,338.7 points. At the same time, the Nifty closed at 21,606.2 points with a major fall of 1,646.65 points. Amidst the chaos in the market, investors are reported to have lost around Rs 38 lakh crore. Biggest fall in Sensex since March 23, 2020 According to media reports, BSE's key sensitive index Sensex has seen its biggest fall since March 23, 2020. During the Corona period, the Sensex fell by around 3,934 points or 13.15 percent to touch 25,981 on March 23, 2020. On this day, such a huge fall in the market was recorded due to the fear of the spread of the Corona epidemic. Which stocks fell the most: Sensex-listed stocks including REC (25.19 percent), Power, among others, fell the most amid jitters in the domestic market that saw the National Democratic Alliance (NDA) weakened by the election results. Nidhi (23.08 per cent), Adani Ports (21.15 per cent), BHEL (20.84 per cent), SBI (14.40 per cent), Bharat Electronics (19.80 per cent), Hindustan Aeronautics (17.83 per cent), HDFC Bank (5.66 per cent) and Vodafone Idea. (17.50 per cent), Canara Bank (14.35 per cent) and Punjab National Bank (15.80 per cent). At the same time, Dabur India (6.13 per cent), Hindustan Unilever (5.96 per cent), Colgate (4.56 per cent), Marico (3.44 per cent), Britannia (3.04 per cent) and Hero MotoCorp (2.91 per cent) were the strongest performers. per cent) and Blue Star (0.11 per cent). Anurag Tagore Hamirpur Constituency Result 2024: Anurag Tagore suffered a massive defeat to Satpal Raizada in the local election results held on June 3. BSE Sensex surged over 2,500 points to hit its highest level in 2024 due to all-round buying in the stock market. The Nifty of the National Stock Exchange also surged 733 points to close at a new high. The 30-share BSE Sensex ended up 2,507.47 points, or 3.39 percent, at 76,468.78. This is the biggest one-day rise in the past three years. During the trade, the index rose 2,777.58 points to touch 76,738.89 points at one point. The NSE's Nifty also rose 733.20 points, or 3.25 per cent, to end at a high of 23,263.90 points. During the trade, it rose 808 points or 3.58 percent to 23,338.70 points. Sensex and Nifty saw their biggest one-day gains since February 1, 2021. Mehbooba Mufti Election Result 2024: Mehbooba Mufti lost Anantnag-Rajori by a margin of over 2.74 lakh votes, the market screamed after the election results, Sensex fell 4,389.73 points.