Sensex Makes A 1,100-Point Swing Over Close Fight in Gujarat

Sensex fell to 32,595 at day's low while Nifty slumped to 10,074. Analysts say that the market had factored in a comfortable win for the BJP in Gujarat polls.

The Sensex nosedived over 850 points in the early trade today as early leads indicated a close fight between the BJP and Congress in Gujarat polls. But the Sensex later recovered as the BJP pulled ahead of the Congress, in a session marked with a swing of over 1,100 points, from day’s high to low so far. Analysts say that the market had factored in a comfortable win for the BJP in Gujarat polls. The Sensex fell to 32,595 at day’s low while Nifty slumped to 10,074.

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