Sensex Gained More Than 400 Points: Nifty Also Gained More Than 140 Points, Two Shares Related To TDP Gained More Than 30%

TodaySensex , on Thursday, June 6, the Sensex is trading at the level of 74,800 with a gain of more than 400 points. At the same time, Nifty is also up by more than 140 points. It is trading at the level of 22,760. Midcap and Smallcap indexes are also up by more than 2%.

Out of 30 stocks of Sensex, 22 are up and 8 are down. Today, government bank and realty stocks are the biggest gainers. SBI is the top gainer of Sensex, it is trading at Rs 820, up about 4%. IT stocks Tech Mahindra and HCL Tech have also risen by about 4%

Realty index up 3.78%, PSU bank up 3.40%
NSE’s Realty Index is up 3.78%. PSU Bank Index is also trading up 3.40%. Nifty Media is up 3.49%. At the same time, Oil and Gas is up 2.48%. IT and Metal are up about 1.5%. FMCG, Pharma and Healthcare are down today.

Two stocks linked to Telugu Desam Party rose more than 30%

The shares of two companies linked to Andhra Pradesh’s Telugu Desam Party, Heritage Foods and Amara Raja, have risen more than 30% in the last two days. Today, Heritage Food’s stock is up 7% to Rs 589. At the same time, Amara Raja Energy is up 6.37% to Rs 1,294.

Amara Raja’s MD Jai Dev Galla is a former MP of the party, while Heritage Foods’ promoter is Nara Lokesh, son of party chief Chandra Babu Naidu. Heritage Group was founded in 1992 by Chandrababu Naidu. This company works in dairy, retail and agri segments.
Telugu Desam Party has won the assembly elections. This party is a part of NDA. This party has an important role in the formation of the new central government. Telugu Desam Party has won 16 seats in the Lok Sabha elections.

Investors’ confidence in the market increased

After the NDA got majority and Narendra Modi was elected as the leader of the majority party, investors’ confidence in the market has increased. Now investors are buying again, this is supporting the market. Narendra Modi can take oath as Prime Minister for the third consecutive time on June 8.

American market also saw a rise

American market saw a rise on Wednesday. Dow Jones closed 0.25% higher at 38,807.33. At the same time, S&P closed 1.18% higher at 5,354.03 and Nasdaq closed 1.96% higher at 17,187.91. At the same time, Asian markets are also seeing a rise today.

NSE’s world record, 1971 crore orders in 6.15 hours

The country’s largest exchange NSE processed 1971 crore orders and 28.05 crore trades from 9:15 am to 3:30 pm on Wednesday. This is a world record of transactions in a day.

Yesterday the market had gained more than 3%

Earlier yesterday, on June 5, the Sensex closed at 74,382 with a gain of 2,303 points (3.20%). At the same time, Nifty also gained 735 points (3.36%). It closed at 22,620.35.

On June 4, the Sensex closed at 72,079 with a fall of 4389 points (5.74%). At the same time, Nifty also fell by 1,379 points (5.93%), it closed at 21,884.

THANKS FOR VISITING! STAY CONNECTED.