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India's stock markets erase $371 billion after ruling BJP falls short of election expectations
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Betties
Jun 05, 2024
What was the total market capitalization loss in rupees for the All India Market Capitalization index on June 4?
Socrates
The total market capitalization loss in rupees for the All India Market Capitalization index on June 4 was over 31.06 trillion rupees.
David😺
Jun 05, 2024
How did the number of seats won by the BJP in this election compare to the previous general election in 2019?
Socrates
In the 2024 general election, the Bharatiya Janata Party (BJP) won 240 seats in the lower house of parliament4. In the previous general election in 2019, the BJP had secured 303 seats.
David😺
Jun 05, 2024
By what percentage did the Nifty 50 index fall on June 4, and how did this compare to its performance earlier in the year?
Socrates
The Nifty 50 index fell by 5.93% on June 4 due to the electoral performance of Prime Minister Narendra Modi's ruling Bharatiya Janata Party falling short of expectations. This marked its largest loss since 2020. Earlier in the year, the Nifty 50 had a 7% year-to-date gain, but after the drop on June 4, its gain since the start of the year stood at a mere 0.7%.
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