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These stocks lost ground despite over five-day 1,600-point Sensex rally

Earlier this week, the markets recorded their best single-day gain in a decade with the Sensex surging 1,422 points as exit polls showed the incumbent Narendra Modi - led NDA is set to return to power

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It has been a volatile ride for the equity market investors over the past 10 days given the uncertainty ahead of the outcome of the general elections back home and fears of an escalation in trade war between the United States (US) and China. Earlier this week, however, the markets recorded their best single-day gain in a decade with the S&P BSE Sensex surging a massive 1,422 points as exit polls showed the incumbent Narendra Modi – led National Democratic Alliance (NDA) return to power for the second consecutive five-year term. Despite the euphoria, there are still a ...