Stock Markets have rebound sharply and registered record gains on 05th June 2024. After the record breaking crash of 4th June, indices recovered with yet another record breaking bull gains session. With news emerging that TDP and JD(U) would form government with NDA at the centre contrary to popular belief, the markets found such enthusiasm to rebound.
Going into the details, investors did not start the session with a great anticipation. But with better news flowing in, investors grew in confidence. Hence, big indices of Stock Markets, BSE gained 2,303.20 points to close at 74,382.24 and Nifty gained 735.85 points to close at 22,620.35 mark.
In this session of Stock Markets, BSE Sensex started trading at 73,027.88 and then continued to trade between 71,879.44 – 74,534.82. On the other hand, Nifty Sensex started trading below the previous closing at 22,128.35 mark and it hit its highest for the day at 22,670.40. Nifty50 hit the lowest at 21,791.95 within half-an-hour in the morning. It quickly recovered to trade in green all-day.

Indian Rupee traded at Rs.83.39 against USD on 05th June 2024. Zydus Wellness, JSW Energy, Godrej Agrovet, Steel Authority Of India, Radico Khaitan ended as Top Gainers in BSE. JSW Energy, Karur Vysya Bank, Steel Authority Of India, Multi Commodity Exchange Of India, RBL Bank in Top Gainers in Nifty50.
On the other hand in top indices of Stock Markets; BHARAT DYNAMICS, Cochin Shipyard, Sterling & Wilson Renewable Energy, One 97 Communications, Blue Star stocks ended as Top Losers in BSE. While BHARAT DYNAMICS, Garden Reach Shipbuilders & Engineers, Cochin Shipyard, Titagarh Rail Systems, Data Patterns India ended as Top Losers in Nifty50.