Exit Poll Shoots Market Indices, Investors Curious About Actual 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.
Index | Price | Change | |
---|---|---|---|
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.
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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