Nifty 50 opens at 25,800 as investors await Bihar election results
Indian stock markets started Friday on a cautious note, with the Nifty 50 dropping 89 points to about 25,800.
Investors are holding back as they wait for the Bihar assembly election results.
Bihar election results could create political ripples
The Bihar election could shake up India's political scene and influence market stability.
While most polls expect the ruling NDA to win, analysts warn that a surprise outcome might trigger heightened volatility.
Still, if results match expectations, experts think any impact will be short-lived.
Global market trends and their impact on local indices
It's not just local politics—global markets have been struggling too.
Big US indexes like the S&P 500 and Nasdaq slid sharply over worries about tech stock valuations, and Asian markets followed their lead.
All this adds to investors' uncertainty and keeps trading pretty cautious right now.