At 9:50 am IST, the BSE Sensex benchmark dropped 200.69 points or 0.25% to 78,581.55, whereas the NSE Nifty declined by 49.60 points or 0.21% to 23,945.75.
On the 5th of November 2024, the Indian stock market witnessed a consecutive decline, coinciding with the period of the US elections.
At 9:50 am IST, the BSE Sensex benchmark experienced a decline of 200.69 points, equivalent to 0.25%, settling at 78,581.55. Correspondingly, the NSE Nifty also dropped by 49.60 points or 0.21%, closing at 23,945.75.
The US election polls are scheduled to commence at approximately 5 am ET along the East Coast, translating to roughly 3:30 pm IST in India. Closure of the polls will initiate in the Eastern regions of Indiana and Kentucky by 6 pm ET, correlating to 4:30 am IST on November 6, 2024, in India.
The US elections will have a direct impact on the Indian stock market over the next two days.
