Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Monday’s trading session in the positive territory. The BSE Sensex surged 2507.47 points, or 3.39%, to 76,468.78, while the NSE Nifty 50 gained 733.20 points, or 3.25%, to close at 23,263.90. The large-cap and mid-cap equities led the gains in the overall indices, which concluded in positive territory. The Bank Nifty index closed at 50,979.95, up 1996 points, or 4.07%. Among the other sectors indexes, such as Realty and Financial Services, PSU Banks and Energy stocks performed better.
The NSE Nifty 50 closed 3.45% higher at 23,307.35, while the BSE Sensex closed 3.55% higher at 76,586.50.
The Bank Nifty Index hits new all time high of 51,106.15 lead by Bank of Baroda, State Bank of India, Punjab National Bank, Axis Bank, IndusInd Bank, and ICICI Bank
The NSE Nifty 50 was up 693 points or 3.08% at 23,224, while the BSE Sensex was up 2,296 points or 3.10% at 76,257.
Markets at open
The NSE Nifty 50 opens up by 3.58% at 23,337.90, while the BSE Sensex soars 3.51% to 76,583.29 in the opening trade
Power Grid Corp, Adani Ports and SEZ, NTPC, BPCL, and Adani Enterprises were the top gainers in the Nifty 50. While, Eicher Motors, HDFC Life, LTIMindtree, and Britannia were the major losers in Nifty 50 on June 03.
The sectoral index constituting midcap companies soared 2,000 points to touch a new all-time high of 53,705.30 as NDA may win a third term unopposed or with a full majority as shown in exit polls.
The sectoral index Nifty Bank touched a new lifetime high of 50,990 on June 03 on the back of exit polls giving a landslide victory to NDA.
The VIX slid over 19% to 19.78, a reduction in market uncertainty.. The VIX, or Volatility Index, measures market volatility expectations, reflecting investor sentiment and market risk. This decline also suggests that the option premium are cutting down.
Adani Ports and SEZ, Adani Enterprises, Shriram Finance, Power Grid Cord, and NTPC are the top gainers on NSE Nifty 50 index whereas Eicher Motors remains the only laggard on Nifty 50 index.
Source:FE
