INSUBCONTINENT EXCLUSIVE:
Sensex today: Some analysts expect the rally in the markets before election results to be short-lived
Domestic stock markets started Monday's session on a strong note, with the Sensex soaring more than 1,000 points, a day after exit polls
predicted that the Bharatiya Janata Party will win almost as many seats as it did in 2014 and form a government comfortably
The SP BSE Sensex surged as much as 1,041.98 points to hit 38,972.75 in late morning deals, and the NSE Nifty climbed to 11,713.90, up
306.75 points from the previous close
Advances in financial, auto, energy and metal stocks supported the markets
Here are 10 things to know:At 11:57 am, the Sensex traded 1,031.59 points - or 2.72 per cent - higher at 38,962.36, while the
per cent higher.Reliance Industries, HDFC and ICICI Bank contributed the most to the advances on Sensex.Some analysts expect a rally in the
If there is a huge short position, a rally may be on the cards but it will be short-lived since valuations are not cheap at present," AK
Prabhakar, IDBI Capital, told TheIndianSubcontinent.The poll of polls, an aggregate of exit polls, gives the BJP-led National Democratic
for the markets," he said.Equities in other Asian markets were steady as investors tried to catch their breath following another week of
Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections
Like us on Facebook or follow us on Twitter and Instagram for updates from each of the 543 parliamentary seats for the 2019 Indian general
Election results will be out on May 23.
