As India will see the results of the Lok Sabha Election results, GIFT Nifty indicates that Indian equity indices BSE Sensex and NSE Nifty 50 may see a gap up opening. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded higher as the index was up 89 points or 0.38% at 23,556 indicating a positive start for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously, on Monday, the NSE Nifty 50 rose 733 points or 3.25% to settle at 23,263.90, while the BSE Sensex jumped 2,507.47 points or 3.39% to close at 76,469.
Stocks to watch on June 04, 2024
Infosys
Infosys has markedly reduced its intake of college graduates at 11,900 in FY24, which is a significant drop from the over 50,000 freshers the company recruited the previous year. The company’s CEO and MD, Salil Parekh, disclosed these figures in the FY24 annual report released on Monday. “We recruited ne…