New Delhi: Indian indices are expected to continue the momentum from Monday, May 3, 2024, to Tuesday, May 4, 2024, amid expectations of a third straight term for the BJP-led NDA, which is likely to see the return of the Narendra Modi administration. Indian indices logged their biggest gains in 3 years on Monday, with the 30-share Sensex rising to a new all-time high of 76,738.89 in early trade before settling at 76,468.78 while the 50-share Nifty surged 733.20 points or 3.25 per cent to close at 23,263.90 after logging an all-time high of 23,338.70 earlier on Tuesday. Investors were the largest gainers with the combined market cap of BSE-listed companies surging to an all-time high of Rs 4,25,91,511.54 crore. All eyes will be on public sector stock led by government-owned banks, which registered steep gains on Monday. PSU stocks surged 12 per cent on Monday, while the Nifty PSU Bank Index closed 8.40 per cent higher.
Stocks in focus
Stock
Price (Rs/ share)
Bank of Baroda
296.9
Central Bank of India
72.3
State Bank of India
909.05
Canara Bank
128.9
UCO Bank
61.85
Indian Overseas Bank
73.2
Indian Bank
606.85
Canara Bank
128.9
NTPC
392.5
BEL
319.8
PowerGrid
338
ONGC
284
MOIL
525
Adani Group stocks
Adani group companies
Price (Rs/ share)
Adani Enterprises
3660.1
Adani Total Gas
1126
Adani Transmission
1227
Adani Green Energy
2042.05
Adani Ports and SEZ
1590
Adani Power
878
Adani Wilmar
369.2
Ambuja Cement
674
ACC
2701.75
NDTV
263.95
Stock Market Today Live Updates: The GIFT Nifty indicated a strong start for Indian indices on Tuesday ahead of the declaration of poll results on June 4, 2024. The Sensex and Nifty closed at 3-year highs on Monday after exit polls on Saturday indicated a third third for the BJP-led NDA. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
