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Stocks and sectors that saw the greatest fluctuations on June 4

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Monday’s euphoria turned to panic overnight as the NDA coalition fell far short of the decisive results predicted in the exit polls. At the end, Sensex fell 4,389 points or 5.7 per cent to 72,079 and Nifty 50 fell 1,379 points or 5.9 per cent to 21,884. About 457 shares advanced, 3,243 shares declined and 91 shares remained flat. changes.



Hindustan Unilever | CMP: Rs 2,492.15 | HUL shares rallied six per cent as trends indicated that the current government may not be doing as well as exit polls had predicted. FMCG stocks are considered a defensive play and are likely to do well if the current government is unable to enforce its growth-oriented policies.



Dabur India | CMP: 580 rupees | Shares of Dabur rose 6.5 per cent in trading on expected rise in rural consumption due to lower-than-expected seats in the NDA coalition. The government may change its political stance and focus more on prosperity, which may cause Dabur’s stock to skyrocket.



Nestle India | CMP: 580 rupees | Nestle India gained over three per cent as the government’s third term may not be as reform-oriented as the market expected. This belief was reflected in the strength of FMCG stocks.

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Adani Shares: Shares of listed group entities such as Adani Ports, Adani Power, Adani Enterprises and others have fallen by as much as 25 percent, brutally thrashed after massive gains in the last few trading sessions. Of the Rs 30 lakh crore lost from the market capitalization of all BSE-listed companies, around Rs 3 lakh crore was wiped out from Adani Group companies.



Defense stocks: Shares of Hindustan Aeronautics, Bharat Dynamics, Bharat Electronics and BEML fell as much as 20 per cent as investors rushed to collect partial gains after the recent bull run in these stocks.



Railway stocks: On the balance sheet date, railway stocks such as RVNL, Ircon International, RITES, IRCTC fell by as much as 16 per cent as investors rushed to book profits. The reaction followed early indications that painted a different picture from the exit polls that suggested a landslide victory for the BJP.



Bank shares:. Shares include: Bank of Baroda, PNB, SBI, Bandhan Bank, Axis Bank, IndusInd Bank fell to 15%. compared to 7 percent decline in Bank Nifty index. The decline came as investors rushed to book profits after the NDA-led coalition secured seats below exit poll estimates, while the opposition INDIA coalition topped exit poll estimates.

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Capital Goods: Shares of BHEL, ABB India, CG Power, GM Infra, Kalpataru Projects remained under pressure with the overall BSE Capital Goods index falling nearly 10 per cent as early trends in election results pointed to a weaker-than-expected victory for the BJP-led NDA. The capital goods package has been at the heart of the current government’s infrastructure push, making it one of the best-performing sectors in recent times.