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Adani Group Stocks: Lok Sabha Election Trends Trigger Earthquake in Share Prices, 5 Stocks Plunge the Most

The stock market is not liking the initial trend of vote counting. The market has opened with a big fall. The biggest decline is being seen in the shares of Adani Group companies.

By: Rekha Joshi  Pardaphash Group
Updated:
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Adani Group Stocks: Lok Sabha Election Trends Trigger Earthquake in Share Prices, 5 Stocks Plunge the Most

Mumbai: The stock market is not liking the initial trend of vote counting. The market has opened with a big fall. The biggest decline is being seen in the shares of Adani Group companies.

The stock market is not liking the initial trend of vote counting. The market has opened with a big fall. The biggest decline is being seen in the shares of Adani Group companies. As much as there was a rise in the market yesterday, an equally big decline is continuing today. Around 600 points were recorded in Nifty at 9.30 am. While a big fall of 1500 points is being seen in Bank Nifty, the fall is dominated in the shares of government companies.

If we talk about stocks, if the results are not as per the exit poll, then there is a possibility of a slight correction in the market. A decline of about 3 percent was recorded in Nifty, Bank Nifty. There is a decline in the shares of all the companies of Adani Group. A decline of 9 percent is seen in the shares of Adani Ports, 10 percent in Adani Power, 10 percent in Ambuja Cement, 10 percent in Adani Enterprises. A decline of 10 percent has been recorded in LIC, 10 percent in HAL. A decline of 4.5 percent is being seen in Reliance.

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