Sensex, Nifty continue to fall ahead of US elections

The benchmark BSE Sensex fell by 200.69 points or 0.25% to 78,581.55 while the NSE Nifty fell by 49.60 points or 0.21% to 23,945.75 at 9:50 am IST

Updated on: Nov 5, 2024, 10:13:43 IST

By Abhyjith K. Ashokan

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The Indian stock market continued to fall on Tuesday, November 5, 2024, just around the US elections.

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020 (Francis Mascarenhas/Reuters)

The benchmark BSE Sensex fell by 200.69 points or 0.25% to 78,581.55 while the NSE Nifty fell by 49.60 points or 0.21% to 23,945.75 at 9:50 am IST.

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The polls for the US elections will open around 5 am ET on the East Coast, which is around 3:30 pm IST in India. The polls will begin to close in the Eastern counties of Indiana and Kentucky at 6 pm ET, which corresponds to 4:30 am IST on November 6, 2024 in India.

This means that the Indian stock market will be directly influenced by the US elections for both today and tomorrow.

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ABOUT THE AUTHOR
Abhyjith K. Ashokan
Deeply passionate about writing, Abhyjith works as a business journalist covering corporates, markets, the economy, and policy - forces that in many ways, shape the world and pave the path for intriguing storytelling. For him, breaking news is a high that only gets matched by the adventures of the open road; both of which he deems essential to what matters at the end of the day. The story.Read More

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