India stocks tumble 5% to lead Asia markets lower on tighter-than-expected election race; Adani stocks tank 20%
Publishing timestamp: 2024-06-04 04:30:31
Summary
India stocks fell as vote counting for 2024 general election continued, with Nifty 50 and BSE Sensex dropping. Adani Group companies lost almost 20% as BJP-led NDA and Congress-led I.N.D.I.A bloc had a closer-than-expected contest. South Korea's consumer inflation slowed in May. Nvidia, a company providing electronic design software, has been overlooked by investors. Goldman Sachs vice chairman does not see a rate cut this summer. GameStop shares were up after another Reddit post from Keith Gill.
Sentiment: MIXED
Tickers: .AXJO, .KS11, @DJ.1, NVDA, @LCO.1, .SSEC, .BSESNTR, @SP.1, .NSEI, .SPX, AUD=, @CL.1, .IXIC, .DJI, @ND.1, JPY=, .SZI, .HSI, .N225, ADANIENT-IN, .DXY, GME, ADANIPORTS-IN,
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Source: https://www.cnbc.com/2024/06/04/asia-markets-live-updates-india-elections-south-korea-cpi.html