Live Blog Exit polls have once again seen a bullish storm in the stock market considering the prospects of the Modi government. Today Sensex closed at record high of 76468.78 and Nifty at 23623.90 points.
Investors benefited by Rs 14 lakh crore
The stock market was successful in making a record on Monday, just before the election results came out. Bombay Stock Exchange index Sensex closed at 76.468.78 points with a rise of 3.39 percent or 2507.47 points. Whereas Nifty of National Stock Exchange closed at 23.263.90 with a rise of 3.25 percent. Let us tell you that there was an increase of about Rs 14 lakh crore in the market cap of companies listed in BSE on Monday. BSE's 30-share index Sensex jumped 2,777.58 points or 3.75 percent in early trade to reach a record high of 76,738.89 points.
Reliance shares very close to record high.
Shares of Reliance Industries have reached near record high. The share price of this Mukesh Ambani-led company has been successful in gaining more than 5 percent. The company's shares had at one time reached an intra-day high of Rs 3024.50 in BSE. Which was just a few steps away from the 52 week high of Rs 3024.80.
10% rise in SBI shares.
Shares of State Bank of India rose by 10 percent to reach the position of Rs912.10 in BSE. This is also the 52 week high of State Bank. After the rise in shares, the request cap of SBI also crossed Rs 8 lakh crore.
3 Percent jumps in BSE and NSE.
BSE Sensex was trading at76.265.12 with a rise of 3.11 percent or 2303.81 points. At the same time, Nifty was also trading with a gain of 3 percent. Except HCL Tech and Asian maquillages, shares of all 28 companies in Sensex were trading with earnings.
Shares of power and energy companies are visible power.
Shares of power and energy companies are showing maximum strength in the moment's cushion rally in the stock request. Adani Power is at the top in the large cap. piecemeal from this.
Power Grid NTPC Power Finance Corporation Adani Energy results are also rising.
Power Grid Alexander of Sensex moment The Alexander of Sensex moment is Power Grid. There's a jump of further than 10 percent in its shares and it has reached Rs 342. After this there's NTPC which has a rise of 8.55 percent. State Bank is in third place in this. There's a jump of Rs884.90.
Manufacturing growth at three- month low.
India's manufacturing growth fell to a three- month low in May. The effect of the heat web is believed to be behind this. Because some companies were forced to reduce working hours. But a trade check on Monday showed plant exertion remained strong overall, driven by strong transnational deals. The HSBC Final India Manufacturing Purchasing Index by S&P Global fell to 57.5 in May compared to 58.8 in April. Which is lower than the original estimate of 58.4.
Adani's shares shine due to Modi's return in exit pates.
There's a tremendous rise in the shares of Adani Group due to the validation of Modi return in the exit bean. moment Adani shares have risen by 16. The concerted request cap of all 10 listed companies of Adani increased by about Rs1.4 lakh crore, taking their total request value to Rs19.24 lakh crore.
Rupee also roared against bone
- The rupee gained 38 paise to reach 83.04 against the US bone.
- In early trade on Monday. This is its loftiest position in three months. The rupee opened at83.09 per bone
- In the interbank foreign exchange request. After original deals, it reached 83.04 per bone
- Which shows an increase of 38 paise over the former ending price. On March 18 this time, the rupee had crossed the position of 83.00.
Investors broke on shares of public sector banks
Investors have fallen on the shares of public sector banks. Indian Bank shares today made a 52-week high of Rs 632.70. There is a loot to buy shares of Bank of Baroda. Today, after opening at Rs 277, it reached the day's high of Rs 284.35.
Investors earned ₹1 lakh crore in a few minutes
Within a few minutes of the market opening, investors' capital increased by Rs 11 lakh crore. Because today BSE Sensex was trading at 76.139, up 2.178 points or 2.94%. Nifty 50 was trading 579 points or 2.57% higher at 23.109.
Upper Circuit in 209 Stocks
The stock market has become a rocket due to the strong possibility of the Modi government coming back in the exit polls. The buying spree is so much that 2470 stocks are trading on NSE out of which 1999 are in the green. Caval 378 are red. A total of 209 stocks have upper circuit and 50 have lower circuit.
Tremendous rise in all Nifty indexes
Today, from Bank Nifty to Oil and Gas, all the sectoral indices are booming. There is a rise of 4.88 percent in Nifty PSU Bank. Oil and Gas Index is also rising above 4 percent. There is an increase of more than 3 percent in Nifty Realty, 3.44 percent in Metal, 3.22 percent in Private Bank, 2.52 percent in Financial Services.
