Nifty 50

Stock Market Frenzy: Nifty 50 and Sensex Hit All-Time Highs on Modi Wave

Indian stock market benchmarks, Nifty 50 and Sensex, soared to record highs amid Exit Polls buzz. Check out the latest updates here!

The Indian stock market witnessed an electrifying start to the week as the Nifty 50 and Sensex surged to unprecedented levels on June 3. With the Nifty 50 trading at ₹23107.75 and Sensex hitting new heights, investors were buzzing with excitement. The GIFT Nifty added to the frenzy by indicating a significant gap-up, sending ripples of optimism across D-Street. The Modi wave was palpable as exit polls hinted at a potential third term for PM Modi, fueling investor confidence.

As the day progressed, the market remained volatile but resilient, with the Nifty 50 holding above 23150 and Sensex maintaining its upward trajectory. The anticipation surrounding the general assembly election added to the bullish sentiment, propelling the GIFT Nifty futures to script a new record high. The market opened at a historic peak, driven by the clues from the exit polls, setting the stage for a day filled with strategic trading and dynamic market moves.

In a remarkable turn of events, the Sensex witnessed a monumental leap of over 2000 points, showcasing the market's resilience and vigor. The live updates on Sensex, Nifty, BSE, NSE, and share prices kept investors on the edge, capturing the essence of the pulsating stock market scenario. With investors adding a staggering Rs 11 lakh crore amidst the Modi wave predictions, the stock market exuded an aura of confidence and enthusiasm.

The Nifty 50's consistent performance above 23150 and the Sensex's historic vault over 2000 points stand as testament to the market's unwavering momentum and the impact of political scenarios on investor sentiment. The soaring numbers and record highs reflect the dynamic nature of the Indian stock market and its ability to capture the attention of investors worldwide.