Bearish Close For The Indian Stock Exchanges!

Recently, the Election Commission announced that the results of the legislative assembly elections that were held in the five states including UP would be announced on 11th March 2017. Following this, the stock markets had a slow operation and they ended bearishly. Hooked upon the results, the markets had to face negative impact, said a stock analyst. At the end of the day, Mumbai Stock Exchange’s Sensex is 28, 901.94. It has gone down with 97.62 points and National Stock Exchange’s Nifty is with 8, 924.30 with a downtrend of -22.6 points. However, the top companies including Reliance, TCS, Infosys and Hindustan Unilever Limited manage to make a profit.