Stock market crash: The domestic markets experienced a significant intraday decline yesterday, the largest in over four years, as the election results indicated the NDA’s return to power but with a reduced majority. Today’s trading session will focus on various companies, including Tata Motors, Wipro, RIL, SJVN, NTPC, and Canara Bank, due to recent developments.

SJVN anticipates its 900 MW Arun-3 hydro-electric project in Nepal, currently under construction, to commence power generation from the following year, as approximately 75% of the work has been completed.

PSU stocks will remain in the spotlight today following a significant sell-off on Monday, which was triggered by the NDA securing a lower-than-expected majority in the Lok Sabha elections.

Tata Motors‘ board has given the green light to establish a wholly-owned subsidiary, proposed to be named TML Commercial Vehicles Ltd (TMLCVL), to manage its commercial vehicles business.

RIL, a major constituent of the Nifty50 index, will be closely watched today after the company’s investors lost around Rs 1.27 lakh crore on Tuesday.

Wipro has partnered with Zscaler to introduce “Wipro Cyber X-Ray,” an AI-assisted decision support platform.

Infosys has announced a collaboration with Nihon Chouzai (TSE) to expand healthcare access in Japan by enhancing online medication guidance services.

NTPC is reportedly planning to venture into the nuclear power sector by establishing a 10 GW capacity with an investment of Rs 1.5 lakh crore over a 10-year period.

Canara Bank has reportedly initiated the process of seeking regulatory approval to convert its software services subsidiary into a non-banking finance company.

Republished. Link to Original Article: https://timesofindia.indiatimes.com/business/india-business/stock-market-live-updates-today-5th-june-bse-sensex-nifty50-pm-modi-stocks-status-lok-sabha-election-2024/liveblog/110717151.cms