m.20 after opening higher at 11,651.69 per cent, to settle at 11,828.48 lakh crore on expectations that Modi government would be voted back to power.According to exit polls results, the NDA is set to come back to power with an even higher margin than in the 2014 elections.40 points, or 17. On resumption of trading at 11.05.9.“With benign inflation, well-anchored inflationary expectations and a relatively stable exchange rate; focus will be on how Modi is able to kick-start the slowing engine of consumption, revive private investments, provide a fillip to anaemic exports, alleviate farm distress, create adequate employment opportunities, rescue the precariously perched NBFC & real-estate sectors, generate adequate resources through better administration of taxes & divestment to fund the increasingly populist impulses,” said Ajay Bodke, CEO, PMS Prabhudas Lilladher. The market is likely to rally further but the rally may not be significant, as there are challenges of not-so-encouraging earnings growth, lower liquidity, slowing economy and global challenges.68 crore on Friday.79 points at 14,272.77%, at 4,308.
Then, when UPA returnedMaking history, trading on the Indian stock markets was halted at the upper circuit one minute after trading began on Monday, May 18, 2009, in reaction to the UPA getting a second term.., the Sensex jived by 2,110.34% and the Nifty zoomed by 636. We are likely to see a revival in the corporate performance from the second quarter in this financial year,” said Pradeep Gupta, Co-Founder & Vice Chairman, Anand Rathi Securities.75 per cent to close at 39,352 while the NSE Nifty surged a record 421.The Nifty hit an intra-day high of 11,845.05 crore against Rs 1,46,58,709.“Any indication of the BJP alone getting a majority can lead to a sharp upsurge in equity markets and strengthening of the rupee. There could be sector specific rally like infrastructure and banking that could do well”, said Naveen Kulkarni, Head of Research, Reliance Securities. As markets have already discounted an NDA victory such an outcome will lead to markets trading sideways, with focus on the PVC Smoothbore Catheter Mount onerous quid pro quo in terms of plum ministries (especially economic & resources) that could be demanded by BJP’s allies,” he further said.At the end of Monday’s trading session, the market capitalisation of BSE-listed companies stood at Rs 1,51,86,312.
“The exit polls have been better than market expectations, with the ruling party getting a comfortable majority.10 points, or 3. However, the market has been rallying for the last two days and it has factored the information to some extent. Trading was then been halted for two hours, but as soon as the market re-opened the indices hit the upper circuit of 20 per cent again, and trading has been halted for the entire day.55 a. “The expected stability and continuity in policy, increase in FII inflow are keeping the markets positive.Over the past three trading sessions, the market capitalisation of BSE-listed companies has risen by Rs 7.04 crore to investors’ wealth.Driven by exit poll results, the Sensex rose 1,421 points, or 3. The BSE Mid Cap and Small Cap indices surged 12% and 9%, respectively.63, up 17.Mumbai: With exit polls predicting a clear victory for Narendra Modi-led NDA, the jubilant market clocked its highest ever gains in 10 years, adding Rs 5,33,463.Analysts are betting big on the election outcome
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