Sensex, Nifty end at record closing high on exit polls verdict

Exit polls have predicted a comfortable victory for the BJP-led NDA, which helped the benchmark indices end at a record closing high. Both the indices posted a biggest single session gain since 2009.

At close, the Sensex was up 1,421.90 points or 3.75% at 39352.67, while Nifty was up 421.10 points or 3.69% at 11828.30. About 2013 shares have advanced, 613 shares declined, and 155 shares are unchanged.

Indiabulls Housing, IndusInd Bank, Adani Ports, SBI and Tata Motors were among major gainers on the Nifty, while losers were Dr Reddy’s Labs, Zee Entertainment, Bajaj Auto, Tech Mahindra and Infosys.

All the sectoral indices ended in green led by PSU banks, infra, auto, energy, FMCG, metal and pharma.

The benchmark indices are trading strong in the afternoon trade with Nifty inching towards the all-time high.

The Sensex is up 1,304.59 points or 3.44% at 39235.36, and the Nifty up 383.30 points or 3.36% at 11790.50. About 1895 shares have advanced, 591 shares declined, and 133 shares are unchanged.

Nifty Bank has touched its all-time high 30,779.90

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