Markets on election results day: How investors are preparing to trade

The benchmark Sensex and Nifty have gained 3.1% this week in anticipation that the ruling NDA govt will retain power with a comfortable majority as indicated by most exit polls

The results of 17th Lok Sabha elections will be declared on Thursday. Counting would start from 8am on and clear trends will emerge during the second half of the day. The benchmark Sensex and Nifty have gained 3.1 per cent this week in anticipation that the ruling National Democratic Alliance (NDA) government will retain power with a comfortable majority as indicated by most exit polls. Here is a primer on what to expect in Thursday’s trade:

How will the markets open?

Analysts say the markets could open sharply higher or lower depending on the early trends. Also, until a clear trend emerges,