Brief by Shorts91 Newsdesk / 06:47am on 06 Jun 2024,Thursday Business
and Nifty50, rallied on Thursday as investors responded positively to the imminent formation of the NDA government. Sensex breached the 75,000 mark, while Nifty50 surpassed 22,800. Notable gainers included SBI, NTPC, and L&T, while HUL and Nestle India were among the top losers. Market sentiment improved post-election confirmation, with a focus on key cabinet portfolios. The market is expected to remain range-bound in the short term, with positive cues from Asian and US markets. FPIs were net sellers, while the rupee gained against the US dollar.
