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Leader Online Desk : The stock market recovered today (June 5) after a major fall on Tuesday during the Lok Sabha election results. Sensex opened with a gain of over 600 points, while Nifty also opened with a gain of over 200 points. Nifty Bank has also seen good growth
The results of the Lok Sabha elections had a negative impact on the market. The market experienced the biggest fall in the post-Corona period as the BJP did not get an absolute majority. Investors' wealth declined by Rs 31 lakh crore to Rs 31 lakh crore. But the market recovered in the early trade today. While the Nifty also opened with a gain of over 200 points.
NSE's Nifty opened above 22,100. There was an increase of about one and a half hundred points. At the same time, the BSE Sensex also opened with a gain of over 600 points, while Hindalco's shares fell after the IPO was postponed due to market conditions. Hindalco shares fell 5 percent in market debut. Its subsidiary Novelis has postponed its IPO due to market conditions.
