PSE Index falls 14% led by Gail, Sail, HAL

The Nifty PSE index plummeted by 13.5% on Tuesday, driven by early trends in the Lok Sabha polls indicating a weaker-than-expected performance for the Narendra Modi-led National Democratic Alliance. This decline has affected all 20 stocks on the index, marking a broad-based sell-off.

REC and PFC have been hit the hardest, each falling by up to 20%, setting a record for their biggest single-day losses. Other stocks are also experiencing significant declines, with losses ranging from 7% to 20%.

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Notably, REC and PFC are experiencing substantial declines, trading with losses of up to 20%, marking the biggest single-day fall on record for both stocks. Other major stocks are also facing significant losses:

BrandWagon Explainer: Direct-to-Consumer (D2C) model – What it is and why it matters Ola Electric shares hit 20% upper circuit after HSBC initiates coverage with ‘Buy’ Mining stocks NMDC, Vedanta, Hind Zinc, MOIL, Coal India plunge as much as 5% after SC allows states to collect past dues on royalties Eicher Motors jumps over 5% on strong Q1; Brokerages see as much as 20% upside

BHEL

The shares falls over 18% to intra-day low of Rs 224.05,

Bharat Electronics

The shares of Bharat Electronics falls 16% to intra-day low of Rs 230.05.

NTPC

The shares of NTPC plunged by 17% to intra-day low of Rs 313.95.

GAIL

The shares of Gail (India) plunged by 20% to intra-day low of Rs 173.50.

CONCOR

The shares of Container Corporation of India plunged over 20% to intra-day low of Rs 880.70.

Coal India

The shares of Coal India plunged over 18% to intra-day low of Rs 410.80.

SAIL

The shares of Steel Authority of India plunged over 20% to intra-day low of Rs 124.80

Power Grid

The shares of Power Grid Corporation of India plunged over 13% to intra-day low of Rs 279.75

ONGC

The shares of Oil and Natural Gas Corporation plunged over 18% to intra-day low of Rs 223.

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Hindustan Aeronautics

The shares of Hindustan Aeronautics plunged over 19% to intra-day low of Rs 3,955.25.

LIC

The shares of Life Insurance Corporation of India plunged over 12% to intra-day low of Rs 880.05

Oil India

The shares of Oil India plunged over 11% to intra-day low of Rs 545.00

NHPC

The shares of NHPC plunged over 15% to intra-day low of Rs 91.10

HPCL

The shares of Hindustan Petroleum Corp plunged over 13% to intra-day low of Rs 468.10

IRCTC

The shares of Indian Railway Ctrng and Trsm Corp plunged over 13% to intra-day low of Rs 845.30

NMDC

The shares of NMDC plunged over 9% to intra-day low of Rs 211.15

BPCL

The shares of Bharat Petroleum Corporation plunged over 11% to intra-day low of Rs 566.70.

Indian Oil

The shares of Indian Oil Corporation dropped over 8% to intra-day low of Rs 149. Come from Sports betting site VPbet

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