MUMBAI, May 22 - Traders in India s stock markets are
turning to illegal election betting platforms for clues to
combat the uncertainty facing citizens and markets. -May 21, 2024 at 09:00 pm EDT
- MarketScreener
Hindustan Zinc surged 20%, followed by Vedanta which gained 7.04%. Jindal Steel and Power and Hindalco moved up over 4%, while Tata Steel, JSW Steel, and Hindustan Copper rose over 3% each.
The combined market capitalisation of BSE-listed companies hit the $5-trillion milestone for the first time on Tuesday. At the close of trade, the total.
India s stock market traders are turning to illegal election betting platforms for insights on the general election outcome. Shadow betting markets predict a reduced majority for the ruling BJP.
Stock Market Today: The market has factored in a win for the BJP but may react to the number of seats the alliance clinches. If the NDA tally crosses the 400-seat target set by PM Modi, the market may rally. However, disappointment is likely if it falls short of the PM s prediction, say experts.