As expected, Nifty has opened the gap down and hit the lower circuit. Trading is halted for an hour. The same level of down was seen in 2007 over the P notes. World markets also closed in the red. It is expected to get some announcements to form government.
All major stocks were trading in the red. Some lost the gains accumulated in many years. Some statement from RBI or finance ministry is expected.
Consultant
Faridabad, India
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