GIFT Nifty gains over 800 points, indicating a record opening for Nifty 50 today

The GIFT Nifty is up above 800 points, indicating a record high start for the Nifty 50 today, June 3, following exit poll results.

The Nifty 50 reached a record high of 23,110.80 a week ago, on May 27.

The index closed the week 2% down, with investors losing more than 8 lakh crore.

The GIFT Nifty was up 832 points at 23,520 at 8:20 a.m. on Monday, June 3.

Raamdeo Agrawal, the chairman and co-founder of Motilal Oswal Group, expects the market to cheer the Lok Sabha exit poll results, with gains of 3-4% today.