Today, on 4 June, the day of the results of the Lok Sabha elections, the stock market is witnessing a decline. The Sensex is trading near 74,400 with a decline of about 200 points. At the same time, Nifty is also down by 600 points, it is trading at the level of 22,650. Out of 30 Sensex stocks, 28 are down and 2 stocks are up. Power Grid, SBI, LT stocks are down by about 5%. Sun Pharma and Nestle stocks are marginally up. PSU Bank Index fell by more than 7%. All sectoral indices of NSE are down. Nifty PSU Bank Index has fallen by more than 7%. Metals have fallen by more than 5% and Financial Services by more than 4%. Realty and Private Bank indices are also down by more than 3%. FIIs bought shares worth Rs 6850.76 crore. Foreign Institutional Investors (FIIs) and domestic institutional investors are buying. According to interim data available on NSE, on June 3, 2024, FIIs bought shares worth Rs 6850.76 crore while DIIs bought shares worth Rs 1913.98 crore. The market had made an all-time high on Monday On June 3, a day before the Lok Sabha election results, the Sensex rose 2,777 points to 76,738 and the Nifty rose 808 points to 23,338. However, later the market came down slightly from its upper levels and the Sensex rose 2,507 points to close at 76,468. At the same time, the Nifty rose 733 points and closed at 23,263.
