As of 13:03 PM; NDA was leading on 292 seats and the INDIA Alliance was ahead on 233 seats, while others were on top of 18 seats
The exit poll numbers are very strong for the incumbent government, Narendra Solanki, Head Fundamental Research - Investment Services, Anand Rathi Shares and Stock Brokers, said
If the BJP secures over 400 seats in the Lok Sabha, it will be the second party to do so after Congress, which won 414 seats in 1984 after the assassination of Prime Minister Indira Gandhi
The move is aimed at facilitating ease of doing business
Market fatigue grips as indices forge ahead; declining stocks outpace advancing ones
Analysts said Adani Ports could be assigned a weightage of 1.2 per cent in the Sensex
'Nobody expected the elephant to dance. People had doubts, but I didn't have any doubts. I also didn't expect it (turnaround) to be so fast.'
Before gaining in the past three sessions, the benchmark Nifty had dropped 3% from its peak following five straight days of losses
"Even if markets have corrected a bit on account of some rumours, I would suggest you buy as markets are going to shoot up after June 4," said Shah
The index finished below its 100-day moving average (DMA), seen as a critical support, for the first time since November 13, 2023
Declining for the third day running, the 30-share BSE benchmark dropped 1,062.22 points or 1.45 per cent to settle at 72,404.17. During the day, it tanked 1,132.21 points or 1.54 per cent to 72,334.18
Midcap, smallcap indices log the biggest fall in nearly two months
Stock Market Highlights on May 6: Kotak Bank, HUL, TCS, M&M, Sun Pharma, and Tech M were the top gainers on the Sensex
Ambareesh Baliga, an independent market analyst believes the markets want 'more of the same' in terms of income tax-related policies - continuity amid a stable regime
The shareholder approval will pave the way for Tata Motors to convert its shares with DVR into ordinary shares and thereby simplify its capital structure
Sensex sees intraday swing of 1,627 points
Kotak Mahindra Bank was the biggest loser, dropping 2.95 per cent after the bank announced the exit of its joint managing director KVS Manian
Investors are concerned that the Fed may stick to its hawkish messaging. Analysts expect Fed Chair Jerome Powell to bolster expectations about interest rates staying higher for longer
The combined market capitalisation of all BSE-listed firms stood at Rs 404 trillion
Stock Market Highlights on April 23: The Nifty Realty index zoomed 2.6 per cent, followed by the Nifty FMCG index (up 0.76 per cent)