Indian markets continue to recover from the losses of election results day. The Nifty 50 index surged 201 points, or 0.89 percent, to 22,821.40, while the BSE Sensex climbed 692 points to 75,074, reflecting a 0.93 percent gain.
Pune (Maharashtra) [India], June 6: The recent Lok Sabha election results have sent ripples through the market, catching many by surprise as the Bharatiya Janata Party (BJP) secured fewer seats than anticipated. This unexpected turn led to a notable downturn in the Sensex.
The victory of Abdul Rashid Sheikh, who is currently in jail on terror funding charges, from the Baramulla Lok Sabha constituency will empower secessionists and give Kashmir's "defeated" Islamist movement a renewed sense of hope, said former Jammu and Kashmir chief minister and National C
Indian stock markets experienced a significant surge of over 3 percent by the closing session on Wednesday, bouncing back from the losses incurred during the election results.
The Sensex opened 270.85 points higher at 72,349.90, while the Nifty gained 156.30 points, starting the day at 22,040.80. Among the Nifty companies, 40 showed advances, and 10 recorded declines.
In response, CLSA has made a strategic shift in its India focus portfolio, replacing L&T with HCL Tech, and turning more defensive by favouring private banks, IT, insurance, and commodities.
Indian stock indices witnessed a bloodbath on the day the Lok Sabha results are being announced, where incumbent BJP performed below par and seems it may fall short of exit poll predictions and the majority mark.
Mumbai (Maharashtra) [India], June 4: Nykd by Nykaa, India's fastest-growing lingerie, sleepwear, and athleisure brand from the house of Nykaa , is proud to announce the most exciting collaboration of the summer. Nykd by Nykaa has partnered with the much-loved Jodi-Life designers known for i
At the opening bell, the Sensex plunged by 1,135.48 points to 75,333.30, while the Nifty dropped by 408.35 points to open at 22,855.55. Among the Nifty companies, only 6 were advancing, and 44 were declining, reflecting widespread caution among investors.
Union Health Secretary Apurva Chandra on Monday lauded India's contribution to the global health security agenda at the 77th World Health Assembly which agreed to the package of amendments to the International Health Regulations (IHR 2005) based on 300 proposals made by member countries afte