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France 24

Business

Charles PELLEGRIN

Indian stocks tumble as election race tighter than expected

Narendra Modi Shein the London Stock Exchange

BUSINESS © FRANCE 24

India's Nifty 50 index saw shares tumble as much as 7 percent this Tuesday as the country's election results are counted. These show a tighter race than expected, even if Prime Minister Narendra Modi is still on course to win a third term. Also in this edition, Chinese fast-fashion giant Shein is reportedly considering listing on the London Stock Exchange.

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