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India’s stock markets erase $371 billion after ruling BJP falls short of election expectations
India’s markets saw their largest one-day loss in four years after the electoral performance of Prime Minister Narendra Modi’s ruling Bharatiya Janata Party fell short of expectations. The All India Market Capitalization index, tracked on the Bombay Stock index, dropped over $371 billion on June 4 alone. The losses on Tuesday meant the Sensex index erased all its gains this year in a single day, going from a 5.85% year-to-date gain on Monday to a 0.22% loss position. Source: CNBC https://lnkd.in/df_9zjkZ
JUST IN: BlackRock and Citadel to start a new stock exchange based in Texas that is set to compete against the New York Stock Exchange
Source: Barchart
Nvidia is within single digits now of becoming the world's most valuable company $NVDA
•5% away from Apple •6% away from Canada •9% away from Microsoft Source: Bloomberg, HolgerZ
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