May 20, 2019 3 min read

Exit Poll Shoots Market Indices, Investors Curious About Actual Results

Read to know how the equity market is affected by the exit poll results

As the exit polls have suggested a huge victory for the Narendra Modi led BJP government, the excitement of investors can be seen through the performance of the equity market. Where SENSEX has shown a rise of more than 1400 points, NIFTY also following a huge rise has crossed the 11,800 mark, nearing an all time high. These are the biggest intra-day gains showed by both the indices since 2009. The other equity indices have also shot up and positivity can be seen through out the market. Take a look at how the different indices have performed.

Nifty 50 11828.3 421.1 3.69%
BSE Sensex 39352.67 1421.9 3.75%
Nifty Bank 30759.7 1309.5 4.45%
Nifty IT 15968.2 124.85 0.79%
BSE SmallCap 14380.51 493.37 3.55%
BSE MidCap 14819.44 511.08 3.57%
Nifty Auto 8422.1 336.35 4.16%
BSE Cap Goods 18735.41 996.83 5.62%
BSE Cons Durable 24431.87 672.66 32.83%
BSE FMCG 11827.65 226.63 1.95%
BSE Healthcare 13341.14 139.96 1.06%
BSE Metals 10804.71 345.21 3.3%
BSE Oil & Gas 15299.59 638 4.35%
BSE Teck 7639.08 68.8 0.91%
Nifty PSE 3532.75 142.05 4.19%

This outperformance, in addition to rejoice, has also given rise to curiosity among investors that if the exit polls can bring such a hike, then what the actual results will bring. Well, as per the experts, if the results are similar to the exit polls then NIFTY can cross the 12,000 mark and SENSEX can also breach the all time high. Now, the direct benefit of this growth will be experienced by the equity mutual fund schemes, and can be observed in the upcoming sessions. So, if you also want to gain the benefit from this growth then this is the right time to make additional purchases in your equity mutual funds. Here is a quick look at the exit poll results by different media agencies.

 exit poll result

So, enjoy the rise and stay tuned with us to keep yourself updated with each and every major happening in the equity market.

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