The stock market has witnessed a massive surge on Monday 3rd June just a day before the country’s election results, driven by strong investor sentiment and exit poll predictions. The benchmark indices Sensex and Nifty 50 continued their bullish run, with Sensex closing at 2,507 pts which is3.39% higher at 76,468.78 while the Nifty 50 closing 733.20 points which is a 3.25% gain to 23,263.90. Both indices opened at record highs with Nifty 50 advancing to 23,338.70 and Sensex to 76,738.
Sensex Index: TradingView
The Nifty Bank even crossed the 50K mark for the first time fueled by exit polls suggesting a resounding victory for the incumbent Modi government. Most exit polls predicted a thumping majority for the BJP-led NDA with some even indicating that PM Modi’s ‘400 Paar’ target might be crossed.
So which stocks will most likely be the top gainers and which will be top losers after the elections? Having that in mind let’s look at the top 10 stocks for the day.
The top gainer was Dsj Keep Learning Rights equity witnessing a remarkable surge, with its last traded price at Rs. 1.85 before the market closed. The stock opened at Rs. 1.80 and hit a high of Rs. 1.85, translating to a 37% daily gain.
Mangal Global Ent LTD-Re equity displayed a strong upward trajectory, with its LTP settling at Rs. 0.80 before the closing bell. The stock opened at Rs. 0.60 and climbed to a high of Rs. 0.80 registering an impressive 33.33% daily gain.
Mittal Life Style Ltd also saw a srtong bullish run with its LTP reaching Rs. 2.15 before the market closed. The stock opened at Rs. 2.00 and touched a high of Rs. 2.15 resulting to a 19.44% daily gain.
PTC Industries Ltd also witnessed a remarkable surge, with its LTP soaring to Rs 10,000 before the market closed. The stock opened at Rs. 8,599.00 and hit a high of Rs. 10,055.50 translating to a staggering 19.34% daily gain.
Gujarat Industries Power Company also saw an upward movement, with its LTP reaching Rs. 209.50 before the closing bell. The stock opened at Rs. 188.00 and climbed to a high of Rs. 213.80 registering an impressive 16.88% daily gain.
Adani Power also experienced a bullish run, with its LTP settling at Rs. 878 before the market closed. The stock opened at Rs. 870.00 and touched a high of Rs. 895.85 resulting in a substantial 16.17% gain.
Power Finance Corporation Ltd LTP reached Rs. 559 before the closing bell. The stock opened at Rs. 535.90 and hit a high of Rs. 559.00 translating to a 13.51% daily gain.
Gail (India) Ltd settled at Rs 230 before the market closed. The stock opened at Rs. 217 and climbed to a high of Rs. 233.20, registering an impressive 12.60% daily gain.
REC Limited saw a significant upward movement, with its LTP reaching Rs. 605 before the closing bell. The stock opened at Rs. 578.00 and climbed to a high of Rs. 607.80 registering an impressive 12.52% daily gain.VLJIFRE experienced a bullish run also with its LTP settling at Rs. 0.90 before the market closed. The stock opened at Rs. 0.80 and touched a high of Rs. 1.00 resulting in a substantial 12.50 daily gain.
