Big Day For Stock Market With Clear Wind For BJP?
It was a big day for the stock market with the kind of start it got. In what could be the perfect start to the week, the stock market saw a lot of positive scenes
By: Tupaki Desk | 3 Jun 2024 1:49 PM GMTIt was a big day for the stock market with the kind of start it got. In what could be the perfect start to the week, the stock market saw a lot of positive scenes.As a result the biggest gain was recorded in years which hints at the mood of the market. This can be linked to the current mood.
Tomorrow is going to be a big day for the country as the Lok Sabha polls will be out.The exit poll surveys were out. Almost every survey said the NDA will come to power and this is reflected in the market.
Sensex recorded a big jump at 76,583.29 while Nifty 50 opened at 23,338. This is a jump of 807 points. The experts say that this is the highest trade for the shares in a single-day.
Earlier Bloomberg predicted that BJP’s performance is very crucial for the market and if BJP puts up a big performance then we can see it in the market. This prediction became true as the investors added a massive amount which amounts to lakhs of crores.
Almost every share saw a jump due to the buzz around the election result. Even before the elections, BJP was dubbed as the winner. With the exit polls hinting at the same this gave wings to the markets and filled josh in the investors too.
This can be dubbed as a good day for the market. After getting the perfect start the market continued the good time resulting in a good growth for the shares and the profits for the investors. The exit poll surveys can be dubbed as indirectly proportional to the markets almost having a dream day. Observers say that we might see similar scenes and even better scenes tomorrow due to results.