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On the day of election results, the stock market is witnessing a decline of 8% i.e. more than 6200 points. There are some stocks which are witnessing a decline of up to 33%. According to the data, companies like SBI, HUDCO, GAIL have lost their oil. The special thing is that in terms of market cap, the shares of the country's largest government institution State Bank of India are witnessing a decline of 20%. Due to which it has suffered a huge loss. Let us also tell you which are the 10 government companies whose shares have seen a decline of up to 25%.

GAIL shares fell by 25 percent

During the trading session, GAIL's stock has seen a decline of 25 percent. The government company's stock reached a low of Rs 173.05. Whereas a day earlier, the company's stock was at Rs 230.65. Currently, the company's stock is trading at Rs 191.20 with a decline of 17 percent.

Shares of Container Corporation of India

Container Corporation of India's stock has also fallen by 33 percent. According to BSE data, the company's stock was at Rs 1173.60 a day earlier. Whereas on Tuesday the company's stock came down to Rs 880.20. At present, the company's stock is seeing a decline of 18 percent to Rs 961.50.

SBI is also in bad shape

In terms of market cap, the shares of State Bank of India, the country's largest government institution, have seen a decline of 20 percent. SBI's share reached Rs 734.25 on intraday. Whereas a day earlier, SBI's share was at Rs 905.80. Currently, SBI's share is trading at Rs 784 with a decline of 13.45 percent.

Canara Bank shares also fell

On the other hand, a big decline is being seen in the shares of the country's government lender Canara Bank. During the trading session, the bank's shares have fallen by more than 22 percent. Today the bank's shares fell to the day's low of Rs 99.60. Whereas a day earlier the bank's shares were at Rs 128.05.

PNB shares fall

The country's second largest government lender Punjab National Bank's stock has also seen a big decline. The bank's stock has seen a decline of more than 22 percent. The bank's stock fell to the day's low of Rs 106.40 during the trading session. Whereas a day earlier, the bank's stock was seen at Rs 137.

Central Bank of India also crashed

Shares of government lender Central Bank of India were seen crashing. According to the data, the shares of Central Bank of India have seen a decline of 20 percent. According to the data, the bank's shares fell to the lowest level of the day at Rs 57.77. Whereas a day earlier the company's shares were at Rs 72.21.

HUDCO shares also slipped

A big decline was also seen in the shares of HUDCO. The company's stock has hit a lower circuit of 20 percent during the trading session. Due to which the company's stock has reached Rs 229.60. Whereas a day earlier the company's stock was trading at Rs 287.

Mazagon Dock Shipbuilders' stock also fell

Mazagon Dock Ship Builders' stock fell 20 percent during the trading session. During the trading session, the company's stock reached the day's low of Rs 2605.60. Whereas a day earlier the company's stock had closed at Rs 3257. Currently, the company's stock is trading at Rs 2660.45 with a decline of more than 18 percent.

Titagarh railway system also collapsed

A huge decline is being seen in the shares of the government railway company Titagarh Rail System. During the trading session, the company's share fell by 20 percent. Due to which the company's share came down to Rs 1194.35. Whereas a day earlier the company's share was at Rs 1492.90. Currently, the company's share is trading at Rs 1200.60 with a decline of 19.58 percent.

Shares of Railtel Corporation also fell

The stock of another government railway company has fallen by 20 percent. According to the data, the stock of the company had sunk to Rs 343.90 during the trading session. A day earlier, the stock of the company was at Rs 429.85. Currently, the stock of the company is trading at Rs 363 with a decline of about 16 percent.