On June 26, 2024, Cement stocks surged up to 15%. This was mainly due to a stable government and optimism around infrastructure development. Key gainers included India Cements and UltraTech. Analysts expect steady demand growth and gradual price recovery.
Read moreSensex up at 74,876.65 & Nifty 0.52% higher at 22,738.70, due to global optimism and expectations of Fed rate cuts. Sectoral indices showed mixed performance, with most sectors in the green. Global stocks rallied, anticipating the central bank’s actions. Despite political concerns, investor confidence is high
Read moreOn June 5, 2024, the Indian stock market rebounded strongly, with the Sensex and Nifty surging over 3%. This recovery, following election results indicating a likely BJP-led NDA government. There was an increase in market capitalization by INR 13 lakh crore.
Read moreOn June 3, 2024, the Indian stock market soared as exit polls were optimistic for NDA. All the indices hit an all-time high where, Sensex rose to 76,468 and Nifty 50 to 23,263. This rise was driven by gains in financial services, oil and gas.
Read moreModi’s win could result in markets soaring, but a loss could trigger a 17 percent downfall, as predicted by several analysts and brokerage firms. Previously, the performance of Indian stock markets have been directly influenced by the political climate of the country
Read more