Lok Sabha election results

PSU stocks: PSU stocks feel poll result heat; Cochin Shipyard, Bharat Dynamics worst hit, fall up to 10%

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PSU stocks Cochin Shipyard and Bharat Dynamics witnessed a sharp fall by 10% to Rs 1,630.55 and Rs 1,293.35 respectively as the BSE PSU index fell by 4% soon after markets opened on Wednesday following the disappointing Lok Sabha election results. The index ended nearly 16% lower on Tuesday as the Narendra Modi-led BJP failed … Read more

OTM indicates 19% chance of Nifty closing above 24K by June 6, says Sudeep Shah of SBI Securities

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With the ongoing buzz around the Lok Sabha election results, markets are still witnessing strong volatility. India vix stood above 21 as of May 24. However, the week ended in green, with Nifty and Sensex only rising each day while closing near their all-time high zones. With a progressive movement and the indices constantly achieving … Read more