Share Market Today Live Updates June 4, 2024: Gold and silver prices today on 04-06-2024: Check latest rates in your city

• Gold And Silver Prices Today:Gold And Silver Prices Today : 10 gm of 24 carat gold was at Rs.73499.0 in Delhi whereas 1 kg of silver was Rs.90400.0 in Delhi.

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• Optimistic exit polls led to a surge in markets, but sentiment soured as actual election results counting showed mixed trends. Nifty 50 and Sensex plunged. PSU stocks bore the brunt of the market turmoil, with the S&P BSE PSU index plunging nearly 8% in today’s trade.

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• Beacon Trusteeship share price debuted on NSE SME at ₹90, 50% higher than the issue price of ₹60. The IPO subscription status was 465.20 times on the last day of bidding.

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• Stocks in focus: Ruchit Jain of 5paisa has recommended two stocks today – DLF Ltd and Crompton Greaves Consumer Electricals Ltd.

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• Stock market today: India VIX Index today touched a new 52-week high of 26.32

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• Dividend Stocks: Coal India, GSFC, GNFC, 360 One Wam, Oil and Natural Gas Corporation , Tech Mahindra, PTC India, VST Industries ITC , Power Grid Corporation of India are amongst top 10 dividend yield picks of Religare Broking.

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• Following a massive correction post-election results, experienced investors see it as an opportunity to buy valuable stocks at lower prices. New investors are cautioned to conduct thorough due diligence and practice effective risk management to avoid significant losses during market corrections.

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• A sharp selloff in the Indian stock market resulted in a significant loss for investors, reducing their wealth by approximately ₹14 lakh crore within the first 15 minutes of trading on Tuesday, June 4

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• Election stocks to buy: Sumeet Bagadia has recommended buying these five breakout stocks today — GIPCL, GAIL, Ashapura Minechem, CONCOR, and NCC

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• Kronox Lab Sciences IPO offers High Purity Speciality Fine Chemicals for various industries with revenue growth and exports to 20 countries. Hensex Securities suggests subscribing for listing gains and long-term investment perspective.

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• Despite the Indian stock market’s valuation inching higher to premium levels, its stability and attractive prospects for the medium to long term remain intact.

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• Aimtron Electronics IPO allotment status can be checked online through the website of IPO registrar. Aimtron Electronics IPO registrar is Link Intime India Private Ltd.

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• Before Market Opens: Indian markets are likely to open on a positive note on Tuesday extending gains from the massive rally in previous session as investors await final election results today. The Street expects a solid majority for Modi-led NDA. Let’s take a look at some key cues before opening:

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• Stocks to buy today: Experts have recommended eight buy or sell stocks on Lok Sabha election results date — Reliance, LIC Housing Finance, SRF, UCO Bank, JTL Industries, FACT, Cochin Shipyard, and RailTel

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• Here are a few stocks likely to be in focus on Tuesday, 4 June:

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• Gift Nifty trends also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,580 level, a premium of nearly 170 points from the Nifty futures’ previous close.

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• Election Results 2024: Gift Nifty was trading around 23,560 level, a premium of nearly 150 points from the Nifty futures’ previous close, indicating a strong start for the Indian stock market indices.

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• Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — Indian Hotels Company, Gujarat Gas, and Chambal Fertilisers

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• Lok Sabha Election Results 2024: Experts anticipate high volatility on election result day. Nifty could see further gains if results match exit polls, but selling pressure if below expectations.

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