Bombay's stock exchange in India crashes six percent. The reason is that the sitting Prime Minister Narendra Modi does not appear to win the election as large as opinion polls had indicated.
At the same time, the country's currency, the rupee, falls, and interest rates rise.
The election is not yet fully counted, but so far the vote count indicates fewer seats than expected for Modi's party BJP in the lower house.
The stock market decline on Tuesday is the largest single-day decline in four years. On Monday, stock prices surged sharply after exit polls indicated a victory for BJP.
However, it still looks like BJP together with its government partners will maintain power.