Delhi, 14 November (H.S.): Investor sentiment turned cautious on Friday as the counting of votes for the Bihar assembly elections commenced, leading to a decline in the Indian stock market. During the early trading session on the final business day of the week, both the Sensex and Nifty benchmarks opened in the red, and the downward trend has persisted.The Bombay Stock Exchange (BSE) Sensex was trading at 84,238.06, down by 240.61 points or 0.28 percent.

Similarly, the National Stock Exchange (NSE) Nifty slipped by 106.40 points, or 0.41 percent, to trade at 25,772.75.

According to market analysts, the market's trajectory is expected to shift as more clarity emerges on the election outcome. A clear market direction will likely materialize only after the final results are declared, and for now, investors are exercising caution.

This follows a volatile session a day earlier, where the BSE Sensex closed with a marginal gain of 12.16 points (0.014%) at 84,478.67. The NSE Nifty had also managed to close slightly higher by 3.35 points (0.013%) at 25,879.15.

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Hindusthan Samachar / Jun Sarkar