Stock Market Today Live: The impact of the exit polls of the elections, which predicted the formation of the government of Prime Minister Narendra Modi for the third time and the possibility of BJP getting majority, was clearly seen on the stock market on Monday.
While the Nifty 50 reached above 23,100 in the stock market, the BSE Sensex was above the level of 76000. With the possibility of the formation of the government of Prime Minister Narendra Modi for the third time, the BSE Sensex reached its highest level ever with a gain of 2000 points.
There was a lot of excitement in the market and the faces of the traders associated with the stock market blossomed.
Exit polls given by various news channels regarding the 16th Lok Sabha elections in the country have predicted that the National Democratic Alliance (NDA) led by the Bharatiya Janata Party (BJP) will get a huge majority, many of them even said that PM Modi’s target of ‘400 plus’ can be crossed.
The counting of votes for the Lok Sabha elections held in seven phases will be held on June 4, 2024. The trends of the elections will start coming from 8 am on Tuesday. It is expected that the stock market will remain on the rise on Tuesday as well.
Due to the possibility of Modi government being formed for the third time, shares of Adani Ports, POWERGRID, ADANIPORTS, NTPC, sbin, SHRIRAMFIN, BPCL, ADANIENT, AXISBANK, ONGC, M&M, COALINDIA, INDUSINDBK, BAJFINANCE, RELIANCE, JSWSTEEL, BAJAJFINSV, ICICIBANK and GRASIM were among the top gainers on Monday.
Prime Minister Narendra Modi’s dominance has been seen once again in the Lok Sabha elections. This time most news channels are showing BJP more than 350 seats in their exit polls. If this happens, then in the coming five years, a strong government will be seen in the country again. Narendra Modi has said that BJP will take big decisions after forming the government for the third time.
