Here are the biggest gainers and losers on a day the indices scaled new heights 

In a remarkable opening trade on Monday, India’s leading equity benchmark indices, BSE Sensex and Nifty50, surged to historic highs. This bullish trend follows exit polls predicting Prime Minister Narendra Modi’s return for a third term, sparking optimism among investors. The BSE Sensex breached the 76,000 mark, while Nifty50 soared past 23,100, reflecting a robust market response. 

The exit polls, indicating a substantial victory for Modi’s ruling party in the general elections that concluded on Saturday, have significantly influenced market sentiment. As a result, India’s stock futures experienced a remarkable boost. The June contracts on the Nifty 50 Index, launched at the Gujarat International Finance Tec-City in July 2023, saw an unprecedented rise of nearly 3% in early trading on Monday. If these predictions hold true, it could lead to a notable surge in the stock prices of companies associated with Modi’s economic policies, often referred to as “Modi stocks.” 

Investor wealth saw a substantial increase, climbing by Rs 11.59 lakh crore to Rs 423.71 lakh crore, compared to Rs 412.12 lakh crore in the previous session on May 31. This significant growth was bolstered by the performance of all Sensex stocks, which were trading in the green. Notable gainers included PowerGrid, NTPC, L&T, SBI, Ultratech Cement, and M&M, each rising up early deals. 

Additionally, all 19 sectoral indices on the BSE were trading positively. Capital goods, banking, and auto shares led the gains on Dalal Street. The BSE capital goods, bankex, and auto indices rose by 3,171 points, 1,529 points, and 1,318 points, respectively. The IT, metal, and oil and gas sectors also showed significant growth. 

Foreign institutional investors contributed to the market rally by purchasing Rs 1,613.24 crore worth of equities on a net basis on Friday, while domestic investors added Rs 2,114.17 crore of shares. In the early morning session, approximately 205 stocks hit their upper circuit limits, demonstrating a strong market momentum, although 82 shares reached their lower circuit limits. 

This surge in market activity reflects the confidence investors have in the continuity of Modi’s economic policies, which are expected to drive further growth and development in India’s financial landscape.  


Top Gainer: Adani Ports & Special Economic Zone (up by 10.20%), NTPC Ltd (up by 9.14%), Axis Bank Ltd (up b 5.31), Larsen & Tourbo Ltd (up by 6.21%), Reliance Industries Ltd (up by 5.59%) 

Top Losers: Infosys (down by –0.07%), Eicher Motors Ltd (down by -1.32%), Asian Paints Ltd (down by 0.51%), Sun Pharmaceutical Industries Ltd (down by – 0.46%), Britannia Industries Ltd (down by -0.23%)  


Top Gainers: Adani Power (Up by 15.71%), GAIL (up by 12.97%), Power Finance (up by 12.66%), REC (up by 12.41%). 

Top Losers: zomato (down by-2.07%), Havells India (down by -1.47%), Bosch (down by-1.33%), Eicher Motors (down by-1.32%) 


Top Gainers: State Bank of India (up by 9.07%), Mahindra & Mahindra (up by 5.10%), Power Grid Corporation of India Ltd (up by 8.92%), Tata Steel Ltd (up by 4.22%), JSW Steel Ltd (up by 3.95%) 

Top Losers: Infosys (down by –0.02%), Asian Paints Ltd (down by 0.44%), HCL (down by 0.62%), Nestle (down by 0.04%) 


Top Gainers: Shree Ganesh Remedies Ltd (up by 20.00%), Sayaji Hotels (up by 19.99%), NTC Industries (up by 19.98%), Gujarat Industries Power Co. Ltd (up by 16.68%), Taneja Aerospace and Aviation Ltd (up by 12.63%). 

Top Losers: City Crops Agro Ltd (down by -18.37%), Tanvi Foods Ltd (down by -6.90%), Global Longlife Hospital and Research Ltd (down by -10.65%) 

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Title: Here are the biggest gainers and losers on a day the indices scaled new heights   

Caption: Indian markets hit record highs as BSE Sensex surpassed 76,000 and Nifty50 jumped past 23,100! Investor optimism surges following exit polls predicting PM Narendra Modi’s third term. Stocks like PowerGrid, NTPC, and L&T lead gains, driving investor wealth up by Rs 11.59 lakh crore. All sectoral indices are in the green, with capital goods, banking, and auto sectors shining bright. Foreign and domestic investors are actively buying, boosting market sentiment further. Stay tuned for more updates as vote counting begins on June 4.