Bloodbath

As trends at 11 am pointed to a tight contest between NDA and INDI Alliance, the market crashed. The BJP-led NDA was leading in 302 seats and INDI Alliance at 207. The Nifty was down over 900 points at 22,300 and the Sensex nosedived more than 3,000 points

Lok Sabha Poll Results: Bloodbath On D-street | Nifty Below 22300, Sensex Sheds 3000 pts | N18ER

As of 11am early trends show that the gap between the NDA & INDI Alliance narrows so are market participants reacting to those early trends. NDA currently show 302 leads whereas INDI Alliance at 207. Nifty is down over 400 points at 22,700 levels while Sensex has taken a nosedive over 1500 points down

Market Update: Sensex, Nifty plunge again, down over 1%; IT cracks, Fortis Health zooms 16%

The market breadth was clearly in favour of the declines with 326 stocks advancing in Niftyb while 1290 stocks declined and 394 remained unchanged. On the other hand, 588 stocks advanced on BSE with 1534 stocks declining and 69 remained unchanged.

Idea-Vodafone merger: Experts worried about shareholder value due to pricing war

Feel that pricing wars may escalate, which usually does not create much shareholder value. They expect further bloodbath as well.

Sensex crashes most in seven years: 4th biggest in history

Interestingly, eight out of the top-ten intra-day falls took place in the year 2008. on Monday's fall is biggest since October 24, 2008.

Global mkts in selling exhaustion mode; Nifty may fall 3-5%

Udayan Mukherjee, managing editor, CNBC-TV18 expects the NIfty to correct by 3-5 percent in the near-term on the back of weak global markets.

Market takes a pounding; rate sensitives among worst hit

It was a complete bloodbath on the markets today with no signs of redemption. The indices started on a weak note and slid further on capitulating global cues.