Today Indian stock markets have fallen after a sharp rally in the previous session, as early vote-counting of Lok Sabha 2024 election trends highlighted Prime Minister of India Narendra Modi’s BJP Bharatiya Janata Party/NDA-led alliance leading in more than 272 seats. Clear indications of political victory are eagerly awaited. NSE National Stock Exchange Nifty 50 index was down 3.03 % 22,557 as of 9.30 am, and the S&P BSE Bombay Stock Exchange Sensex fell 3 % to 74,107. The benchmarks jumped more than 3% on Monday, touching record highs and logging their best session in nearly 40 months after exit polls projected that BJP/NDA-led alliance will likely get a two-thirds majority in the lower house of Parliament in General Elections 2024.
