Top Losers: PFC, REC, Adani stocks are among the top losers, with shares down up to 20%

Stocks of companies like PFC, REC Ltd and Adani Ports were among the worst hit in today’s market turmoil, which witnessed massive selling following the poor performance of Narendra Modi led NDA in the Lok Sabha elections. Early moning.

PFC and REC Ltd fell nearly 20 per cent to Rs 443.85 and Rs 485 respectively, while companies like HUDCO, Adani Energy Solutions, Adani Green Energy, Titagargh Rail and Adani Total Gas also witnessed a crash of over 15 per cent so far today.

Shares of Ambuja Cements, Adani Enterprises, Vodafone Idea, Indus Towers, Adani Ports, BEL, GAIL, Hindustan Copper, BHEL, Adani Power, Hindustan Aeronautics and Bank of Baroda fell over 14% on the NSE today.

Among Nifty50 lots, Adani Ports and Adani Enterprises were the highest decliners at 19.4% and 15% respectively, while PSUs NTPC, ONGC and Powergrid fell over 14%.

The Nifty PSE index also fell nearly 14% today with all its components down more than 7% while all Adani stocks were also in the red.Also Read: Verdict Date: D-Street investors lose Rs 21.5 lakh crore to Sensex, Nifty in free fall. As of 11:40 am, BSE Sensex was trading at 72,947, down 3,700 points or 4.6 per cent, while Nifty50 was trading at 22,268, down 990 points or 4.30 per cent. The fear index VIX recorded its highest increase of the day. It jumped almost 37% on an intraday basis for the first time in 9 years and hit the highest of 28.62 on the day. Calculating the trend, the BJP still has a majority, but it showed an upward trend after showing a strong counterattack from the INDIA Alliance.

Amid the carnage on D-Street, FMCG, pharma and healthcare stocks such as DMart, Hindustan Unilever, Max Healthcare, Marico and Colgate-Palmolive gained up to 3 per cent.

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