Page 1058 - Markets News

PSU stocks climb up to 9% as exit polls predict landslide victory for BJP

Shares of state owned companies cracked the upper ceiling on the BSE in Monday's early trades. The BSE CPSE index was up 6.9 per cent at 4,389 levels

SBI market-cap crosses Rs 8 trillion-mark for 1st time; stock rallies 8.4%

SBI share price: SBI is, now, behind RIL, TCS, HDFC Bank, and ICICI Bank in m-cap rating

Infra, state firms big winners as exit polls indicate PM Modi's victory

A third term for Modi is seen by some investors as bolstering India's economy and markets as the promise of policy continuity

BSE mcap hits $5.1 trn, as indices soar on exit poll majority for BJP

The benchmark Sensex soared 3.7 per cent, hitting record high and breaching the 76k mark at 76,738 levels in Monday's intraday trade

Investors gain Rs 12.48 trillion from sharp market rally in early trading

The exit poll numbers are very strong for the incumbent government, Narendra Solanki, Head Fundamental Research - Investment Services, Anand Rathi Shares and Stock Brokers, said

Capital goods soars 6%, records sharpest intra-day rally since March 2020

Bharat Electronics, Larsen & Toubro, Hindustan Aeronautics, CG Power, Bharat Heavy Electricals and Schaeffler India have rallied between 7% and 9% in intra-day trade

Sensex, Nifty on exit poll high: Reasons for stock market rally on June 3

Sensex, Nifty on June 3: Exit polls released after the last phase of voting on June 1, 2024, unanimously predicted the clear majority for the ruling Bharatiya Janata Party

Zerodha hit by tech glitch, users face issues with kite web access

Zerodha down: The outage coincided with a surge in the stock market, driven by exit polls projecting a third term for PM Modi's government in the 2024 Lok Sabha elections

India VIX eases 22% on June 3 as exit polls 2024 show 3rd term for PM Modi

India VIX on June 3: The decline in Indian markets' volatility index came after exit polls, which came in the evening on June 1, 2024, gave a clear majority to the BJP-led NDA alliance

Nifty Bank hits 50,000 mark for the first time ever; Check key reason

Surpassing the 50,000-mark for the very first time, the index's ascent can also be attributed to robust Q4 GDP figures, and S&P recent upgradation of India's rating to positive

Adani group shares in demand; Power, Total Gas, Green Energy rally up 16%

Adani group stocks in focus: The total market capitalisation of 10 Adani group companies increased by Rs 2.02 trillion to Rs 19.88 trillion in the intraday trade today

Indian bond yields seen lower as exit polls predict Modi govt's continuity

India's benchmark 10-year yield is likely to move in a 6.94 per cent -7.00 per cent range, following its previous close of 6.9809 per cent , a trader with a state-run bank said

Equity futures jump as markets cheer likely third term for PM Modi

NIFTY 50 index futures were up about 2.6 per cent in early trade, according to NSE International Exchange data

Kronox Lab Sciences IPO opens today for bids; check price bands, GMP

Kronox Lab Sciences IPO price band is set at Rs 129 to Rs 136 per share. The minimum lot size for an application is 110 shares

Asia stocks rise on rate cut hopes, better-than-expected China's PMI data

Investors are a lot less dovish on the Fed, seeing little prospect of a move until September and even that is far from a done deal

Stocks to watch on June 03: Canara Bank, Coal India, NTPC, Ashoka Buildcon

Stocks to watch on June 03: Coal India reported a 7.5 per cent increase in coal production for May, reaching 64.4 million tonnes year-on-year

Exit poll impact: GIFT Nifty zooms past 23,300; Sensex to open gap-up

All you need to know before the market opens on Monday, June 03: Gift Nifty quotes around 23,300 levels as exit polls predict Modi 3.0; Asian shares rally up to 1.5% on favourable US inflation data.

Maruti Suzuki, M&M, NMDC, TVS Motor among 10 stocks to watch on June 3

Stocks to watch June 03: NMDC reported a 37 per cent decrease in total iron ore production for May 2024, reaching 2.34 million tonnes compared to 3.71 million tonnes year-on-year

Exit Poll 2024: Bank, auto, defence stocks may see 'Modi rally' on Monday

Lok Sabha elections exit polls 2024: The stock market bulls will be further emboldened by the better-than-expected 8.2 per cent growth in GDP numbers

Stock markets to cheer likely third term for PM Modi, hope for reforms

If the projections are accurate, investors will likely focus on expected policy continuity and a push for economic reforms