Mumbai: Reacting sharply to early trend of elections results, the stock market tanked over 2 per cent in early trade as the BSE Sensex is at 74,785, about 1,700 points down from last closing and the Nifty also over 500 points down.
As the early trends painted a picture of close contest between NDA and the Opposition alliance in the first two hours of counting, the stock market also moved in sync with the result.
According to latest trends, NDA has crossed the magic figure of 272 and is ahead in 288 while the India alliance is leading in 224 seats. (with Agency inputs)
