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The image is a wide banner with a bright red background and white text. It reads "EXIT POLLS, STOCK MARKET & THE GREAT INDIAN ELECTION" in bold, capitalized letters. The layout is straightforward, with a central light bulb icon symbolizing ideas or insights, and red arrow motifs pointing right, enhancing the dynamic and forward-moving theme of the content.

Axis My India's Pradeep Gupta’s Emotional Reaction to Unexpected Election Results

Pradeep Gupta, the Chairman of Axis My India, was visibly emotional during a live TV broadcast as the election results began to unfold, showing the BJP significantly underperforming compared to the exit poll predictions made by his agency. Despite a historically strong track record—accurately predicting outcomes in 65 out of 69 elections, a success rate of about 93%—the unexpected results evidently took a toll, prompting on-air consolation from the news anchors. This rare display of emotion highlighted the pressures and unpredictability inherent in political polling.

By
Anurag Trivedi
The image depicts a stock market display screen with multiple stock prices showing a significant downtrend, indicated by red arrows and negative percentage changes. A stylized, cartoon-like graphic overlay shows a rocket with the Indian flag crashing downward, aligned with the downward movement of the market trends on the display, symbolizing a rapid decline in stock values. This visual metaphor effectively captures the dramatic impact of a stock market crash. The background is filled with numeric stock data in white against a dark background, enhancing the visibility of the red graphical elements representing the market downturn.

Election Results Trigger Market Turmoil: Tech Stocks Tumble as Sensex Drops 4,000 Points

In the wake of the 2024 Lok Sabha Election results, Indian new-age tech stocks took a significant hit, reversing gains from the previous day. The Indian stock market dropped dramatically by around 4,000 points, influenced by the early election results. This shift saw 23 prominent new-age tech stocks, closely monitored by Inc42, decline sharply by mid-morning. While the Sensex and Nifty50 saw substantial falls, individual stocks like TBO Tek and Paytm experienced major sell-offs, with TBO Tek dropping over 10% and Paytm hitting the lower circuit. The market's response reflects broader uncertainties and adjustments in investor expectations following the election results.

By
Anurag Trivedi
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