Close X
Saturday, October 5, 2024
ADVT 
India

Indian stocks on US exchanges surge as Exit Polls indicate big win for BJP

Darpan News Desk IANS, 04 Jun, 2024 11:21 AM
  • Indian stocks on US exchanges surge as Exit Polls indicate big win for BJP

New York, June 4 (IANS) The surge in stock prices in India fueled by the Exit Polls showing a big win for the BJP has carried on to the stocks of Indian companies trading in the US.

Of the 11 Indian company stocks trading as American Depository Receipts (ADR) on US exchanges, eight of them rose on Monday.

Azure Power Global, a solar energy company, was the big winner going up 8 per cent in Over the Counter (OTC) trading.

It was followed by two banks listed on the New York Stock Exchange (NYSE), ICICI, up 5.89 per cent, and HDFC 5.77 per cent.

On the NASDAQ exchange, the two travel companies came next, with Make My Trip rising 3.2 per cent, and Yatra 2.34 per cent.

Wipro, the technology and consultancy multinational, was up 2.33 per cent on the NYSE.

Also on the NYSE, Dr Reddy’s Lab rose 1.12 per cent and Infosys was up 0.6 per cent.

These stocks reflected the stock market enthusiasm in India, where the Sensex index was up 3.39 per cent and Nifty 50 rose 3.29 on Monday.

MORE India ARTICLES

Two Indian women held at Mumbai airport with gold hidden in jeans

Two Indian women held at Mumbai airport with gold hidden in jeans
During the physical search, both the women were detected with something wrapped below their knees in a bandage-like arrangement, arousing suspicions. On further examination, it was found that the duo had wrapped 24 carat pure gold in wax form around their legs, concealed with an adhesive bandage-like material underneath their jeans.

Two Indian women held at Mumbai airport with gold hidden in jeans

Kejriwal's demand doomed? 'Only Gandhiji on Indian currency notes', ruled RBI in 2010

Kejriwal's demand doomed? 'Only Gandhiji on Indian currency notes', ruled RBI in 2010
As Kejriwal faces flak now, Maharashtra Congress Chief Spokesperson Atul Londhe hit out saying the 'IIT graduate' Delhi CM was 'pontificating like a pandit or soothsayer' with his ridiculous suggestions.

Kejriwal's demand doomed? 'Only Gandhiji on Indian currency notes', ruled RBI in 2010

NIA questions Punjabi singer Afsana Khan in gangster-terror nexus case

NIA questions Punjabi singer Afsana Khan in gangster-terror nexus case
Khan was said to be very close to Moosewala and the Bhambia Gang. Moosewala used to call her sister.  Lawrence Bishnoi gang allegedly killed Moosewala to avenge the death of Vicky Middukhera.  But before committing the murder of Moosewala, a number of persons of the Punjabi Pop Industry were threatened and a few were also attacked.

NIA questions Punjabi singer Afsana Khan in gangster-terror nexus case

Bystanders again make videos as man bleeds to death

Bystanders again make videos as man bleeds to death
Doctors said that the man's life could have been saved had he been brought to the hospital in time. The victim was the only son of his parents and was looking after the family business after the death of his father. He got married two years ago and his wife is four months pregnant.

Bystanders again make videos as man bleeds to death

100 Punjabi workers stranded in Abu Dhabi without passports

100 Punjabi workers stranded in Abu Dhabi without passports
Their family and well-wishers in Punjab say they were employed by a private company. They were sacked from their jobs, but their passports were not returned and were unable to return to India. Social activist Dilbagh Singh has written to Union External Affairs Minister S. Jaishankar, seeking their early extradition.

100 Punjabi workers stranded in Abu Dhabi without passports

Wind of change blowing in country: Punjab CM

Wind of change blowing in country: Punjab CM
While campaigning in favour of AAP candidate Satinder Singh for by poll in Adampur in Haryana, the Chief Minister said the people of Punjab are trusting them, and AAP will never let this trust be broken at any cost. He said now it is Haryana's turn and the beginning of this change in Haryana will begin from the Adampur constituency.

Wind of change blowing in country: Punjab CM