Election Results 2023: Share Market Booms With BJP’s Hattrick Victory in Three States
Share Market News: The pre-open session saw a significant increase in the stock market as the election results of four states were announced on Sunday. While the National Stock Exchange’s Nifty (NSE Nifty) was also trading with a gain of 334 points, the Bombay Stock Exchange’s 30-share index Sensex (BSE Sensex), surged 954 points. Sensex and Nifty hit new highs as soon as the market opened. Experts had already predicted that gains in the stock market would result from the BJP’s victories in three states.
Share Market Jump In Elections 2023
The primary index of the Indian stock market, Nifty, opened at a new record high following a robust rise in the pre-open session. Nifty gained 276.40 points (1.36 percent), to open at the 20,600 level. The Nifty saw a significant increase in the shares of NTPC, Adani Enterprises, Adani Ports, SBI, and L&T. Last week, the National Stock Exchange (NSE) index Nifty increased by 473.2 points (2.39 percent), while the BSE index Sensex rose by 1,511.15 points (2.29 percent). The Nifty increased by 134.75 points (0.67 percent), to close at an all-time high of 20,267.90 on Friday. Similarly, the Sensex closed at an 11-week high of 67,481.19 points, up 492.75 points (0.74 percent).
