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Sensex And Nifty Surge After Inda Announces Modi 3.0, Up By 378 And 105 Points
The Business Guardian
|June 07, 2024
The BSE Sensex surged 378.59 points to 74,804.68 and the NSE Nifty rose 105.65 points to 22,726.00, with 29 Nifty companies advancing and 21 declining
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The Indian stock market opened on a robust note on Thursday, buoyed by the NDA's unanimous decision to nominate PM Narendra Modi for a third term. Modi is set to take his oath as prime minister on Saturday. This announcement significantly lifted investor sentiment, leading to a noticeable rally in the market.
The BSE Sensex surged by 378.59 points, opening at 74,804.68, while the NSE Nifty rose by 105.65 points, starting the day at 22,726.00. This positive momentum was reflected across various sectors, with 29 of the Nifty companies advancing and 21 declining.
Market Movers Among the top gainers were companies such as NTPC, SBI, ONGC, Coal India, and Power Grid. These stocks led the charge, contributing significantly to the indices' overall positive performance.
Conversely, Britannia, Hindustan Unilever, Cipla, Hindalco, and Nestle India were among the top losers, facing declines amidst the broader market rally.
Diese Geschichte stammt aus der June 07, 2024-Ausgabe von The Business Guardian.
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