The stock market recovered with Babu's announcement..!?

 With the bjp getting less than 250 seats, it lost heavily in a single day on tuesday due to doubts about the formation of the government. Needless to say how sensitive the stock market is. Even small things can cause big consequences. It is known that a day before the announcement of the results of the general elections, huge gains are recorded due to the effect of exit polls. However, the results of the general elections are revealed in contrast to the exit polls' predictions. Even though there is a possibility of a Modi government at the center, the uncertainty with fears have caused a bloodbath in the stock market. As the election results are being revealed on TV, the stock market is shaken by the doubt about how far the nda alliance will cross the magic figure after 370 seats. With the bjp getting less than 250 seats, it lost heavily in a single day on tuesday due to doubts about the formation of the government. Sensex lost 4390 points in one day. Nifty lost 1379 points. As a result, Rs.31.07 lakh crores of investors' money has evaporated. If the shares of adani group companies lost a minimum of 9.98 percent, the maximum loss of adani Ports was 21.26 percent. All the stocks in that group recorded losses between 15-21 percent. However, wednesday believed that the nda government would be restored at the center and that Modi would become the prime minister. In addition to this, the false propaganda that the NDA's ally, the tdp has come into contact with the congress, has created more confusion. However, Chandrababu himself said that they will continue with nda and that they will participate in the Modi government. It must be said that there is no truth in the news that congress is contacting them, it has become a huge relief for the stock market. Today (Wednesday) morning trading started at 9.30 am Sensex registered a profit of 529 points. Nifty went into recovery mode with 153 points. If we look at the situation today (Wednesday) at 3 o'clock in the afternoon, it should be said that most of it has been recovered. Compared to yesterday's terrible fall, the situation seems to have improved. Sensex rallied 2381 points to reach 74460 points in a single day on Wednesday. Now, when it comes to Nifty, it started trading at 22,113 points and reached 22,633 points at three o'clock in the afternoon. The situation recovered at a total of 745 points during the day. More than half of the Nifty's losses on tuesday have recovered. Those who are trading in the current situation should act as if they are in the dark. Experts caution against making hasty decisions.