At close, the Sensex was up 2,507.47 points or 3.39 percent at 76,468.78, and the Nifty was up 733.20 points or 3.25 percent at 23,263.90.
On June 3, FIIs/FPIs net bought equities worth Rs 6,851 crore while Domestic Institutional Investors (DIIs) net bought equities worth Rs 1,914 crore.
Story continues below Advertisement Remove AdAccording to provisional data from the exchanges, FIIs bought Rs 23,451 crore and sold Rs 16,600 crore.
Meanwhile, DIIs picked up Rs 22,651 crore in shares and offloaded equities worth Rs 20,737 crore in the session.
In the year so far, FIIs have net sold shares worth Rs 1,19,040 crore, while DIIs have bought shares worth Rs 210,184 crore at the same time.
At close, the Sensex was up 2,507.47 points or 3.39 percent at 76,468.78, and the Nifty was up 733.20 points or 3.25 percent at 23,263.90.
Both FIIs and DIIs turned net buyers on June 3, after the exit polls over the weekend hinted towards a possible victory for the ruling BJP party in the elections. The votes will be officially counted tomorrow, June 4.
On June 3, FIIs/FPIs net bought equities worth Rs 6,851 crore while Domestic Institutional Investors (DIIs) net bought equities worth Rs 1,914 crore.
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According to provisional data from the exchanges, FIIs bought Rs 23,451 crore and sold Rs 16,600 crore. Meanwhile, DIIs picked up Rs 22,651 crore in shares and offloaded equities worth Rs 20,737 crore in the session.
Also read: Taking Stock: Sensex, Nifty see highest single-day gain in 3 years, add Rs 14.2 lakh crore in investor wealth
At close, the Sensex was up 2,507.47 points or 3.39 percent at 76,468.78, and the Nifty was up 733.20 points or 3.25 percent at 23,263.90.
The Nifty Bank index also gained, reaching a record high of 51,133.20 on an intraday basis. All sector indices were trading in the green, rallying 5-8 percent.
Biggest gainers included Adani Ports, NTPC, SBI, Power Grid Corp and ONGC, while losers were Infosys, LTIMindtree, HCL Technologies, Nestle and Dr Reddy's Laboratories.
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Deepak Jasani, Head of Retail Research, HDFC Securities, noted that Nifty logged its best session in over three years on June 03, as investors cheered exit polls, along with better-than-expected India Q4 GDP.
"The index has crossed the barrier of previous high of 23,110 and has managed to stay above it, indicating strength; however, tomorrow comes a major event, the outcome of the general election, which may cause market volatility," Neeraj Sharma, AVP Technical and Derivatives Research at Asit C Mehta Investment Interrmediates, said.
In the year so far, FIIs have net sold shares worth Rs 1,19,040 crore, while DIIs have bought shares worth Rs 210,184 crore at the same time. Nifty has advanced 25.12 percent so far in the year while Sensex has gained 21.79 percent.
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