Exit Poll Effect: Nifty, Sensex Touch Record Highs: What Should You Bet On? | Stock Market

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On June 3, the Indian benchmark indices Nifty and Sensex hit record highs at the opening, with Nifty surpassing 23,000 and Sensex crossing 76,000. The market capitalization of all listed companies on the BSE surged by ₹11.96 lakh crore to ₹424.08 lakh crore. The Bank Nifty also hit the 50,000 mark for the first time. Sector-wise, Nifty PSU Bank, Oil & Gas, Financial Services, Metal, Realty, and Auto opened 3-5% higher. This surge came after exit polls predicted a sizable mandate for PM Modi's government, boosting investor optimism about continued investment in infrastructure and manufacturing.

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