The share markets went into a tailspin on Monday with the Sensex crashing 713.53 to end at 34,959.72 points and the Nifty50 dropping 1.9% or 205.25 points to close at 10,488.45 on exit poll results and global cues.
The market went into a tailspin in early trade with the Sensex crashing over 650 points and Nifty down over 200 points over a possible loss for the ruling BJP in the three key states and. Twenty-eight of 30 stocks in Sensex ended lower.
ALSO READ: Vijay Mallya’s extradition case may be heard in London today
The rupee also depreciated 59 paise to 71.40 against the US dollar in early trade today amid strengthening of the US dollar against some currencies overseas.