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Nifty, Sensex Try to Recover Lost 5.5% on Election Counting Day | Traders Reminded of 2004?

The crash on May 13, 2004, remains one of the most significant in Indian stock market history -- a situation that traders and investors were reminded of on June 4 -- election counting day too. It is comparable to the 2004 crash due to a combination of political uncertainty, foreign investor reactions, market overvaluation to name a few of the factors that were at play. Here’s a look at why trades had a Deja Vu moment

first published: Jun 6, 2024 04:21 pm

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