The stormy start of the market between the election results, close to 40 thousand Sensex||AllBestNews||

The stormy start of the market between the election results, close to 40 thousand Sensex

Counting has started for the general elections in 2019. In the initial trends, the NDA is getting a signal of majority in the leadership of BJP.

The counting of votes for the Lok Sabha elections has started. In the initial trends, the NDA is getting a signal of majority in the leadership of BJP. In the meantime, the Indian stock market has gained a great lead.

Updates

Earlier, in the beginning of the stock market, the Sensex would trade more than 500 points, while the Nifty was stronger than 150 points.

- Sensex crossed the level of 39850 after the record high of 800 points in the initial 15 minutes of trading.

- On May 21, the Sensex was at all-time high level of 39571 due to exit poll results.

If you talk about the Nifty, then 200 points have crossed the 11,930 level. It is expected that the Nifty will touch the magical figure of 12 thousand.

Sensex move at 9.25 in the morning

Following the results of exit polls, the stock market was

Let the conclusion that the exit poll had come on Sunday. They were expected to return the Modi government. After this, the Sensex closing at 1,39,352 with a gain of 1421 on Monday. The Nifty rose 421 points to level at 11,828. In Nifty this was the second fastest pace in terms of digit in one day. At the same time, the Sensex closed at the 10-year high level.

What happened on the day of election results in 2014

In the initial trading session, the Sensex reached a level of 25,375 with a surge of 1,470 points in the initial trading session of the year 2014. However, after the sell-off, the market moves slackened and the Sensex has come down to 23,873.16 levels. At the end of the day, there was a tremendous increase of Rs 1 lakh crore in investor capital and it reached 80.64 lakh crore rupees. Similarly, the Nifty also rose by 340 points or 4.72 per cent to 7,460 points. Let us know that on 16th May the results of the Lok Sabha elections came. This is the last trading day of the week on Friday. In this early trading, traders had hoped that the BJP government would accelerate economic reforms and promote economic activities.