ADVERTISEMENT
Sensex, Nifty Surge To Record Closing Highs As Exit Polls Predict NDA Win
Sensex surged 1,422 points to end at record closing high of 39,353 Nifty reclaimed 11,800 mark and settled at record close of 11,828 Banking and financial sector shares led the gains in today's session
20 May 2019, 03:49 PM IST 
The S&P BSE Sensex surged 3.75 per cent or 1,422 points to close at record high of 39,353.
"Any movement in the markets till election results will depend on the positions investors have taken. 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 NDTV.
Earlier in the day, Sensex surged as much as 1,482 points and the Nifty 50 Index climbed as much as 438 points.
Following gains in equity markets, the rupee s...
