Brief by Shorts91 Newsdesk / 02:19am on 04 Jun 2024,Tuesday Business
Stock futures edged higher and the rupee was steady as votes in the world's largest election were set to be counted today, with Prime Minister Narendra Modi widely expected to score a decisive mandate and a rare third term.Exit polls foresee a clear win for Modi, fueling market optimism and pushing indices to record highs on Monday. The NIFTY 50 index futures edged up 0.21% early Tuesday, eyeing another record open. Monday saw the Nifty index closing up 3.25% at 23,263.90 points and the BSE index up 3.39% at 76,468.78 points. The rupee traded slightly stronger at 83.1000 to the dollar in early NDF market trade, following a 0.4% gain on Monday.
