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Indian stocks jump after losing $386 bn in Tuesday's crash on surprise election results
Indian stocks surged to recover strongly on Wednesday after erasing $386 billion in market value in the previous session. Analysts are looking beyond the election results but warn of volatility and more losses. The Sensex index surged over 2.300 points to end at 74,382. And the broader nifty closed nearly 3.4% higher at 22,620. This comes a day after nearly 400 billion dollars were wiped off the Sensex index. Risks are still at play, with many uncertainties about the formation of a Narendra Modi-led coalition government.
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