Indian equity indices saw a steep fall on Tuesday after early counting trends showed a tough contest between the NDA and the opposition INDIA bloc in the Lok Sabha elections.
Investors lost nearly Rs 26 lakh crore due to a steep fall in the equity benchmarks after early trends of the elections started to trickle in Saturday.
By 11 a.m. in Tuesday's session, BSE's market cap touched Rs 400 lakh crore, which was Rs 426 lakh crore when the market closed on Monday.
Indian markets opened with a steep fall on Tuesday. In early trade, Sensex slipped 2,713 points or 3.55 per cent, while the Nifty slipped 838 points or 3.65 per cent.
At 11 am, Sensex was at 72,740, down 3,690 points or 4.83 per cent, while Nifty was at 22,119, down 1,144 points or 4.92 per cent.
The India volatility index (India VIX) was up 33 per cent at 27.59 points.
There was a huge rise in the markets on Monday after the Exit Polls projected a favourable result for the current government in the Lok Sabha elections.
On Monday, Sensex closed 2,507 points or 3.39 per cent higher at 76,468 points, while Nifty ended 733 points or 3.25 per cent higher at 23,263 points.
Drugs valued at Rs 71 crore seized in Assam; 2 held
Heroin and highly addictive methamphetamine tablets, valued at Rs 71 crore, were seized during two separate operations in Assam's Kamrup district on Friday, officials said.
One held with cannabis worth Rs 15 Lakh in Sonamura
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BJP MP launches attack on Sonia Gandhi, Rahul Gandhi over National Herald case
The BJP Yuva Morcha staged a protest against Congress leaders Sonia Gandhi and Rahul Gandhi, accused in the National Herald case, in Agartala on Friday.
Two Bangladeshi women held at Agartala Railway Station
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2 minors among 315 arrested so far in connection with Murshidabad violence: Bengal Police report
A total of 315 arrests have been made so far in connection with the communal violence in Murshidabad district of West Bengal over protests against the Waqf (Amendment) Act last week, including two minors, confirmed the West Bengal Police in its report,
No plan to levy GST on UPI transactions over Rs 2,000: Govt
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
Tripura CM discusses state govt's key plans with HM Shah, JP Nadda
Tripura Chief Minister Manik Saha on Friday in separate meetings in New Delhi discussed important development plans of the state government with Union Home Minister Amit Shah and Health and Family Welfare Minister J.P. Nadda.
HM Amit Shah's 2026 deadline in sight as Sukma panchayat declared Maoist-free
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