🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Sensex, Nifty hit all-time high as exit polls predict big win for BJP-led alliance in Lok Sabha polls

YourStory

YourStory · 1y ago

Sensex, Nifty hit all-time high as exit polls predict big win for BJP-led alliance in Lok Sabha polls

The Sensex and Nifty, India's benchmark equity indices, surged nearly 4% in early trade on Monday to reach all-time high levels. This comes after exit polls predicted a significant victory for the BJP-led NDA in the Lok Sabha polls. All 30-Sensex companies were trading in the green, with Power Grid, NTPC, Larsen & Toubro, State Bank of India, Axis Bank, IndusInd Bank, ICICI Bank, and Mahindra & Mahindra as the biggest gainers. Additionally, the Indian economy grew by 8.2% in the previous fiscal year, solidifying its position as the fastest-growing major economy globally.

Related News

Major trading apps Zerodha, Groww face glitch after market hits all-time high

Internet

Internet · 1y ago

Major trading apps Zerodha, Groww face glitch after market hits all-time high

Major trading apps like Zerodha and Groww experienced glitches after the stock market hit record highs following exit polls indicating a likely third term for the BJP-led NDA. The Sensex surged over 2,000 points to 76,738.89, and the Nifty reached 23,338.70. The high trading volume also caused the CDSL website to go down.

Equity markets fall as victory margin for Modi unclear in early trends

VCCircle

VCCircle · 1y ago

Equity markets fall as victory margin for Modi unclear in early trends

Indian financial markets experienced a sharp sell-off as early vote counting trends indicated that Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) may not win a majority as predicted by exit polls. The National Democratic Alliance (NDA) led by Modi was expected to secure a big victory, leading to a surge in markets on Monday. However, investors are now seeking more clarity on the actual number of seats that the NDA will secure. The Nifty index and BSE index both dropped significantly, but have since recovered slightly.

Market gains 3% amid high volatility; IT index outperform

Money Control

Money Control · 1y ago

Market gains 3% amid high volatility; IT index outperform

The Indian market rebounded strongly, gaining over 3% despite the lack of a clear mandate for the BJP-led NDA in the exit polls. The RBI's raised growth forecast for FY25 and the announcement that Narendra Modi will form a new government for the third time boosted investor sentiments. The BSE Sensex and Nifty50 both reached all-time highs. The BSE Small-cap and BSE Mid-cap indices rose 3%, with certain stocks seeing significant increases. The BSE Large-cap index also increased by 3%, with gains in selected stocks. The Nifty IT and FMCG indices saw significant gains, while the Nifty PSU Bank index declined. Foreign institutional investors sold equities worth Rs 13,718.42 crore, while domestic institutional investors bought equities worth Rs 5,578.71 crore.

Sensex, Nifty close in red for fifth session in a row; metals, IT stocks drag

Money Control

Money Control · 1y ago

Sensex, Nifty close in red for fifth session in a row; metals, IT stocks drag

Indian benchmark indices, Sensex and Nifty 50, dropped nearly 1% on May 30 ahead of the monthly expiry of derivatives contracts. Nifty 50 breached a crucial support level, signaling potential further decline. Analysts suggest a make-or-break point for the market ahead of the exit polls on June 1. Concerns over the ruling party's potential slim victory margin impacted investor sentiment. In terms of sectors, Nifty Metal and Nifty IT were the worst performers, while Nifty Bank recorded gains. Tata Steel, Infosys, and TCS contributed to the decline, while ICICI Bank, Axis Bank, and HDFC Bank recorded gains. The broader market also witnessed a decline.

BJP Asks ECI To Take Steps To Address The Rising Use Of Deepfakes In Poll Campaign

Inc42 · 1y ago

BJP Asks ECI To Take Steps To Address The Rising Use Of Deepfakes In Poll Campaign

The ruling Bharatiya Janata Party (BJP) has urged the Election Commission of India (ECI) to address the increasing problem of deepfake videos during the ongoing Lok Sabha elections. The party submitted a complaint highlighting the adverse impact of deepfakes on the electoral process. Instances mentioned include a deepfake video featuring actor Ranveer Singh voicing political views against the BJP, as well as one of actor Aamir Khan endorsing the opposition Congress party. The BJP called for stricter guidelines and monitoring mechanisms to combat the spread of deepfakes on platforms like X, Facebook, Instagram, and YouTube.

Reliance, financials push Sensex, Nifty to record highs ahead of election results

VCCircle

VCCircle · 1y ago

Reliance, financials push Sensex, Nifty to record highs ahead of election results

Indian shares surged to record highs on Monday, driven by financials, Reliance Industries, and energy stocks, following exit polls projecting a third term for Prime Minister Narendra Modi's government in the recently concluded general elections. The Nifty 50 rose 3.25% to 23,263.90 points, and the Sensex added 3.39% to 76,468.78, with both indexes marking their best session in 40 months. Financials and state-owned lenders experienced the highest gains, while energy and oil & gas sectors also performed well. The official election results are due on June 4.

PM Modi to address digital NaMo rally of UP BJP booth members, 'panna pramukhs' on April 3

Money Control

Money Control · 1y ago

PM Modi to address digital NaMo rally of UP BJP booth members, 'panna pramukhs' on April 3

Prime Minister Narendra Modi is set to address a digital NaMo rally on April 3 through the NaMo app. The rally will connect with booth members and "panna pramukhs" of 10 Lok Sabha seats in Uttar Pradesh. PM Modi will interact with booth presidents and receive updates on party activities. The rally aims to engage BJP workers ahead of the third phase of voting in Uttar Pradesh on May 7.

Nifty hits nine-month low, falls for seventh straight session

Business Today

Business Today · 6m ago

Nifty hits nine-month low, falls for seventh straight session

The Nifty50 benchmark closed lower for the seventh consecutive session, while the Sensex recorded a slight gain for the second day. This market dynamic has limited investor losses. Analysts predict a weak short-term outlook for the Nifty, with expectations of range-bound movement.

Sensex, Nifty log weekly losses on US tariff risks

VCCircle

VCCircle · 6m ago

Sensex, Nifty log weekly losses on US tariff risks

India's Sensex and Nifty indices logged weekly losses amid U.S. tariff uncertainties, impacting auto and pharma stocks. The Nifty 50 dropped 0.51%, while the BSE Sensex fell 0.56% on Friday, with weekly declines of 0.58% and 0.83%, respectively. Both indices hit their lowest since June, pressured by U.S. trade policy concerns and foreign outflows. Auto and pharma sectors faced notable declines due to tariffs and competition worries. Midcap and smallcap stocks saw slight recoveries.

Sensex, Nifty log highest closing levels in nearly four months

VCCircle

VCCircle · 4m ago

Sensex, Nifty log highest closing levels in nearly four months

India's benchmark indexes, Sensex and Nifty, hit their highest closing levels in nearly four months due to gains in financials after the central bank relaxed deposit buffer rules. Sensex rose 0.24% and Nifty 0.17%, marking their sixth consecutive session of gains. RBI's measures are expected to increase banks' net interest margin and net profit. Meanwhile, bank and consumer stocks saw gains, whereas IT stocks slightly declined. IndusInd Bank dropped due to audit concerns.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Just Months After Promotion, Open ...

Microsoft locks down a building a ...

Gaming Ban Stumps Cricket: Virat ...

Download the medial app to read full posts, comements and news.