Exit polls set to ignite market, GIFT Nifty trading up by 800 points : Daily Market Update -3 June 2024

The exit polls predicting a landslide victory for the BJP are likely to set the markets ablaze with excitement. Markets are buzzing with anticipation, expecting a surge driven by short-covering and euphoria going by how various constituency of traders are positioned in the derivatives market. The Gifty Nifty was showing a 800 point rise.