Sensex, Nifty Surge To Record Closing Highs As Exit Polls Predict NDA Win

Indian equity benchmarks closed at record highs after exit polls predicted win for Bharatiya Janata Party-led National Democratic Alliance (NDA) in the recently concluded last phase of polling for general elections. The S&P BSE Sensex surged 3.75 per cent or 1,422 points to close at record high of 39,353 and the NSE Nifty 50 Index climbed 3.69 per cent or 421 points to end at an all-time high of 11,828. The markets staged a gap up opening after the poll of exit polls conducted by NDTV showed the BJP-led National Democratic Alliance (NDA) coming to power with 302 seats out of 543 parliamentary seats.

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