Stock Market Today: On Lok Sabha Result 2024 Day GIFT Nifty indicates a bullish start; ZEE, M&M in focus

Stock Market Today: Gift Nifty, formerly known as SGX Nifty, denotes a prosperous start. The Gift Nifty's Nifty futures increased by 88 points. It reached to 23,555. However, the S&P BSE Sensex increased by 3.39% to reach 76,469 points, while the NSE Nifty 50 increased by 3.25% and reached at 23,264 points. These two top indices had their best session in forty months as they closed at all-time highs. All exit polls of Lok Sabha elections 2024 have shown that the NDA is winning. Moreover, the ECI have started counting votes from 8 AM. After surging more than 3% on yesterday, the BSE Sensex and Nifty50 reached all-time highs and finished at record highs as well.

Stock Market Today: Stocks in focus

ZEE

An Indian media conglomerate is called Zed Entertainment Enterprises (ZEEL), formerly known as Zed Telefilms. With its headquarters located in Mumbai, the company is involved in the print, television, internet, cinema, and mobile content industries. It also runs 45 channels across the globe. PleaseOn June 6, the Zed Entertainment Board will convene to discuss and perhaps accept a plan for raising money through the issuance of stock or other securities.

M&M

Mumbai, Maharashtra, is home to the Indian automaker Mahindra & Mahindra's headquarters. M&M, a division of the Mahindra Group, ranks among India's top car producers in terms of output. By volume, Mahindra Tractors, one of its divisions, is the biggest tractor manufacturer worldwide. According to M&M Financial, its total disbursements for May increased by 7%, and its collection efficiency for the reporting month was 96%.

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