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Sensex, Nifty open 2 per cent down on counting day

Nearly 891 shares advanced, 1,572 shares declined while 121 shares remained unchanged
09:48 AM Jun 04, 2024 IST | IANS
sensex  nifty open 2 per cent down on counting day
Sensex, Nifty open 2 per cent down on counting day --- Representational Photo
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Mumbai, June 04: Sensex went down over 1,500 points on Tuesday as the Nifty dropped more than 500 points amid early trends on Lok Sabha elections counting day.

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The Sensex opened 1,544.14 points, or 2.02 per cent, down at 74,924.64, while the Nifty opened 491.10 points, or 2.11 per cent, down at 22,772.80.

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Nearly 891 shares advanced, 1,572 shares declined while 121 shares remained unchanged.

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Market experts advised that investors need not rush in to buy even if the results confirm the Exit Poll findings.

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“Remain invested in largecaps and do some profit booking in smallcaps,” they said.

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On Monday, stock markets gained over Rs 12 lakh crore, or 3.25 per cent.

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Exit polls predicting the NDA government retaining power with a thumping majority pushed Sensex and Nifty to new highs on Monday.

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