Stock market today: The exit polls predicted a landslide victory for the BJP while better than expected GDP data came on Friday.
Summary
Stock market today: On Friday, the domestic equity indices closed with minor gains, while snapping a five-day losing streak.
Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.
The Indian stock market is expected to open higher today (June 3) after the Lok Sabha elections exit polls, upbeat India’s GDP growth and positive global market cues. On Friday, the domestic equity indices closed with minor gains, while snapping a five-day losing streak. Sensex rose 75.71 points to end at 73,961.31 while Nifty 50 settled 42.05 points, or 0.19%, higher at 22,530.70.…Read More
The exit polls predicted a landslide victory for the BJP while better than expected GDP data came on Friday.
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Stock market today: What exit polls predicted ahead of Lok Sabha election results
Stock market today: Majority of the exit poll results predicted a historic third term for Prime Minister Narendra Modi as the Bharatiya Janata Party-led National Democratic Alliance is projected to secure over 350 seats in the Lok Sabha elections. The counting of votes will take place on June 4.
Gift Nifty today ahead of stock market opening
Gift Nifty was trading around 23,330 level, a premium of nearly 630 points from the Nifty futures’ previous close.
Stock market today: How have global markets performed
Asian markets traded higher while US stocks ended higher last week after a softer reading of US Federal Reserve’s preferred measure for inflation backed by interest rate-cut hopes.
Stock market today: What exit polls indicate
Stock market today: Exit polls suggested that Prime Minister Narendra Modi will come back to power for the third term as the BJP-led alliance is likely to win the Lok Sabha elections with a thumping majority.