The stock market has gained momentum as soon as it started. After the exit polls, the stock market has opened with tremendous momentum. The Sensex opened at 75 thousand 961 with a gain of 2 thousand points. While the Nifty opened at 23,148 points with a gain of 614 points. Thus, a day before the election results on June 4, investors who saw a boom in the market at the beginning of the week jumped with joy.
Tremendous jump in pre-opening
A jump of 2000 points was seen in the Sensex in pre-opening. A jump of 2000 points in pre-opening itself shows that today is a day of tremendous growth for the market after the exit poll. The Sensex was trading at 76557 after a gain of 2596 points or 3.51 percent. The NSE Nifty was at 23,337.60, up 806.90 points or 3.58 percent.
Fly high in 2019 too
In 2019, when exit polls predicted the BJP winning over 300 seats, the stock market rose by 1.45 per cent.
GIFT Nifty hits record high
Before the pre-opening of the market, the Nifty rose to a record high today, which is giving big signals for the stock market. Nifty rose 823.50 points or 3.62 percent to 23524.50. Thus, today on June 3, 2024, Nifty has gone above 23500 for the first time.