Brief by Shorts91 Newsdesk / 04:04am on 04 Jun 2024,Tuesday Business
In a dramatic turn, the Sensex nosedived by 2,000 points, with the Nifty tumbling below the 22,800 mark. This stark reversal follows a surge sparked by robust exit poll projections favoring the BJP-led NDA. The economic landscape appeared promising with an 8.2% GDP growth in FY24, an optimistic monsoon forecast, a noteworthy 10% uptick in GST collections, and a decline in oil prices. However, market sentiments have abruptly shifted, underscoring the volatility inherent in financial markets.
