Riding high on exit polls that
predict a BJP victory in Gujarat and Himachal Pradesh, the
Sensex shot up 358 points today, aided by heavy liquidity and
a surging rupee.
The ruling BJP at the Centre looks headed for a win in
both Gujarat and Himachal Pradesh assembly elections,
according to a string of exit polls by survey agencies.
The impact was visible as all sectoral indices led by
metal and capital goods jumped by up to 1.87 per cent.
The 30-share Sensex climbed 358.11 points, or 1.07 per
cent, to 33,605.11. It had gained 193.66 points in the
previous session. The 50-share NSE Nifty too went up 110.20
points, or 1.07 per cent, to 10,362.30.
In the forex market, the rupee appreciated 23 paise to
Prominent gainers include Adani Ports, Bajaj Auto, HDFC
Bank, L&T and Tata Steel, rising by up to 2.48 per cent.
Globally, at other Asian markets, Japan's Nikkei was down
0.88 per cent while Shanghai Composite shed 0.48 per cent in
early trade today. Hong Kong's Hang Seng too fell 0.96 per
The US Dow Jones Industrial Average ended 0.31 per cent
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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