Election Results & Roundup : Indian Stock Market recovered early losses
Benchmark Indian indices BSE Sensex and NSE’s Nifty 50 recovered early losses as investors digested BJP’s poor performance in assembly elections.
BSE Sensex – Longest losing streak in 3 months
BSE benchmark index Sensex fell 154 points to close at 38,157 on Tuesday, while the NSE Nifty declined 62 points to settle at 11,520. This was the longest streak losing streak of BSE Sensex in over 3 months.
Stock Markets End on a Negative Note
Nifty ended the day 50 points lower at 11,385, while Bank Nifty under-performed ending the weekly expiry 0.7% lower at 27,826.