D-Day for India as vote counting gets underway. It will decide the fate fo India for the next five years, plus set the tone for Policy going forward. GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a higher opening on Tuesday. Here are some top cues you need to know before the markets open.

GIFT Nifty was 104.50 points or 0.45% higher at 23,572 indicating a positive start for the domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday, the NSE Nifty 50 closed 733 points or 3.25% higher to finish at 23,264, while the BSE Sensex soared 2,507.47 points or 3.39% to finish at 76,469.

Top cues to know before share market opens on June 04, 2024

Exit Polls

The top exit polls are predicting a one-sided victory for NDA. It is expected to win 370 seats (NDA had won 353 seats in 2019) according to the average of all exit polls. Today’s Chanakya, the …

Shares of Paytm, traded by the name One 97 Communication, rose 10% to hit the upper circuit of Rs 496.25 after the company’s chief executive officer Vijay Shekhar Sharma went to the Finance Ministry on Wednesday. The trading of the stock was frozen till the markets closed after hitting the new upper circuit of 10%. 

However, the Reserve Bank of India refused to help Paytm Payments Bank Limited (PPBL) in any manner, including in the process of migration of the company’s accounts to other banks or extending the deadline beyond February 29, 2024, said a source familiar with the matter to Moneycontrol.

“Sharma was told that PPBL has to speak with banks and National Payments Corporation of India (NPCI), which runs the popular mobile payments platform Unified Payments Interface (UPI), on its own and the RBI will not nudge banks to take this up,” reported Moneycontrol citing sources. Come from