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Transcripts For BBCNEWS Business 20240604

hit the country hard, making the economy one of the biggest issues in this election. financial markets are already celebrating a modi win. let s go live to the bombay stock exchange and our correspondent archa na shukla. looking at markets today, we are seeing a sharp sell off, what is going on? are seeing a sharp sell-off, what is going on? are seeing a sharp sell-off, what is going on? well, as the markets opened what is going on? well, as the markets opened today, - what is going on? well, as the markets opened today, they . what is going on? well, as the i markets opened today, they got a bit of a shock from the initial and early trends of election counting. projections had projected a clear mandate for narendra modi and his party and its allies, but the initial trends can begin seem to show the win could be narrower than projected. i am outside the bombay stock exchange, one of the two national exchanges in india, both of which saw a rally yesterday in monday s trade,

Transcripts for BBCNEWS Business Today 20240604 04:32:00

are slowly recovering from some of the initial losses, it is down about 2% at the moment, but even the rupee fell on the financial markets seem to jitter based on the initial trends. rememberstock jitter based on the initial trends. remember stock markets are traditionally favouring policy continuity and with the economic policies of the narendra modi led government, which the party says it has india growth the fastest growing economy in world and analysts say if the margin of victory is lower than what they had got in 2019 there would be volatility in the markets. would be volatility in the markete would be volatility in the markets. , . ., . markets. tell us which economic issues matted markets. tell us which economic issues matted most markets. tell us which economic issues matted most to markets. tell us which economic issues matted most to voters . markets. tell us which economic issues matted most to voters in | issues matted most to voters in this election. which matte

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