Adani Group shares rally up to 17% as exit polls predict NDA's return

Adani Enterprises, Adani Green Energy, Adani Gas and Adani Power were up 10 to 17 per cent on the BSE in intra-day trade.

Shares of Adani Group companies surged up to 17 per cent intra-day on the BSE on Monday supported by heavy buy volumes after exit polls predicted the Bharatiya Janta Party (BJP)-led National Democratic Alliance (NDA) to form government on May 23.

Opinion polls on Sunday gave clear victory to the incumbent government with Prime Minister Narendra Modi set for another term.

Among individual stocks, Adani Green Energy soared 17 per cent to Rs 43.70 apiece, while Adani Gas surged 16 per cent to Rs 135 apiece on the BSE in intra-day trade.

Adani Power, too, gained 14 per cent to