Investors’ euphoria over exit poll 2019 outcome continues, Sensex hits record high

The benchmark BSE Sensex jumped over 200 points to hit a record intra-day high of 39,565.82 as investors’ euphoria over exit poll outcome continued in early session on Tuesday. The 30-share index was trading 205.24 points, or 0.52 percent, higher at 39,557.91.

In similar movement, the broader NSE Nifty rose 48.90 points, or 0.41 per cent, to 11,877.15. In the previous session, the Sensex ended 1,421.90 points, or 3.75 per cent, higher at 39,352.67, and the Nifty soared 421.10 points, or 3.69 per cent, to 11,828.25.

Top gainers in the Sensex pack in morning trade include HDFC twins, Bajaj Finance, Coal India, RIL, Bajaj Auto, HUL, IndusInd Bank, Sun Pharma, Vedanta, Axis Bank and Asian Paints, rising up to 2.21 per cent. On the other hand, Tata Motors, Yes Bank, Bharti Airtel, Tata Steel, SBI, Infosys, ONGC and TCS fell up to 3.18 per cent.

Most exit polls forecast another term for Prime Minister Narendra Modi. The results of the seven-phase polls will come out Thursday. Meanwhile, market regulator Sebi and stock exchanges have beefed up their surveillance mechanism to check any manipulative activities in the market this week in view of the high-octane election related events lined up.