Investors seek protection ahead of election results

<p><br /> </p><p>Welcome to Top of the Morning by Mint, your weekday newscast that  brings you five major stories from the world of business. It's Wednesday, May 8, 2024, and I'm Nelson John. Let's dive in:</p><p>India’s equity markets fell on Wednesday, with both the Sensex and Nifty declining by about half a percent. However, consumer stocks such as Marico, HUL, and Godrej performed well, defying the broader market downturn.</p><p>IT stocks, meanwhile, have been on a downward spiral for a while now. However, a reversal in fortunes might be imminent, thanks to 'clouds'—and no, I...