BusinessSensex, Nifty Likely To Open Sharply Lower Today: 10 Things To Know
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Sensex, Nifty Likely To Open Sharply Lower Today: 10 Things To Know
SGX Nifty was down 169.5 points, or 1.6%, at 10,348.50 in morning
Nifty, Sensex had plunged around 2% on Monday
Reserve Bank of India Governor Urjit Patel stepped down on Monday
Investors will also closely watch election results.
Early leads show Congress leading in Rajasthan and the BJP in Madhya Pradesh. In Chhattisgarh, both parties are neck to neck. An aggregate of exit polls predicts a tight race in Madhya Pradesh and Chhattisgarh.
Analysts say the exit of RBI governor is likely to cause nervousness among investors in the short term.
"I think typically when central bank governors or leaders anywhere in the world quit, that potentially can have signif...