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India stocks hit record highs after exit polls predict a decisive Modi election win; Adani surges - TL;DR CNBC

India stocks hit record highs after exit polls predict a decisive Modi election win; Adani surges

Publishing timestamp: 2024-06-03 09:10:36


Summary

Local exit polls suggest Prime Minister Modi and BJP-led alliance likely to win third term. Stock indexes in India hit record highs, with infrastructure-related companies like Adani Group seeing gains. State Bank of India, ICICI Bank, and HDFC Bank also saw increases in share prices.


Sentiment: POSITIVE

Tickers: IBNHDFCBANK-IN.BSESNTRICICIBANK-INADANIENT-INSBIN-IN.NSEIAMBUJACEM-INADANIPORTS-IN

Keywords: state bank of indiaasia economyicici bank ltdambuja cements ltds&p bse sensex total return indexmarketsadani port and special economic zone ltdhdfc bank ltdbusiness newsbreaking news: asiaelectionspolitics

Source: https://www.cnbc.com/2024/06/03/india-stocks-hit-record-intraday-highs-as-exit-polls-predict-a-decisive-modi-win.html


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