Stock Market Today Live Updates - June 3, 2024

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- GIFT Nifty indicates a gap-up opening for Sensex and Nifty 50, trading at 850.50 points (3.75% higher) at 23,538.50.


- Asian markets rose following a private survey showing China's manufacturing activity expanded at its fastest pace in nearly two years.


- Japan's Nikkei increased by 0.94% to 38,849.65, while South Korea's Kospi rose by 1.90% to 2,686.61.


- The Indian rupee opened at 82.99 against the US dollar, slightly lower than Friday's closing rate of 82.46.


- Analysts predict that trading in the equity market this week will be influenced by the general elections result and the RBI interest rate decision.


- Exit polls predict a clear victory for the NDA with around 360 seats, which is expected to boost market sentiment.


- The market is approaching the event with caution, with a positive surprise from exit polls potentially leading to a rally.


- Trading in equity markets this week will depend on election results and RBI decision, according to analysts.

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