Most of the exit polls indicate over 300 seats for the BJP-led NDA. The optimism of a stable government is reflected in Nifty already, CLSA said in a note
Political observers have expressed caution over the exit poll numbers suggesting that they have gone wrong in the past.
Three reasons why the BJP-led NDA could see a landslide victory on May 23.
It is better to stay clear of the market until the first budget is presented which will decide how the government will be tackling the numerous problems it has in hand.
The so-called Congress revival was a highly deceptive proposition and Modi’s promise of a Congress-free India appears to be as relevant today as it was at the time of the UP assembly elections, which the saffron party swept in 2017.
The poll body's advisory comes days before the first phase of Lok Sabha elections is to be held on April 11.
Moneycontrol's Live Blog will provide instant news and updates on Karnataka exit polls 2018.
While the single-phase assembly election in Himachal Pradesh will be held on November 9, the first phase of polls in Gujarat will take place on December 9. The second phase will be held on December 14.
The surveillance systems have been put on high alert, fearing attempts by manipulators to take advantage of high anticipations associated with the Budget, top officials said, adding that markets are expected to witness a huge turnover, including by foreign entities.
BJP to hold review meet after exit polls prediction
Market participants to build their portfolio now using a mix of midcaps, cyclicals, high beta and relatively safe sectors like IT and pharma, recommends Nirmal Jain of IIFL.
Joining the chorus is Morgan Stanley's Ridham Desai who shares the widely held view that a strong general election outcome is a necessary condition for India to cure its macro ills.
The rupee is higher for a third session, tracking euro gains after the ECB gave no indication of policy easing.
Even backward rabbits should know that the rise of AAP is not good news for the BJP, as it swallows a part of the urban vote which is the mainstay of the BJP‘s Lion, Narendra Modi. From a rag-tag skunkworks, AAP is a roaring tiger now â€“ at least in Delhi.
BJP has allowed emergence of strong leaders. Even when it has formed alliance in Punjab, the party has banked on strong leaders, says Shekhar Gupta of Indian Express.
Health regulator US FDA warnings hit more pharma stocks as Jubilant Life Sciences and Strides Arcolab drag during the day.
Shares of Sun Pharma and Dr Reddy's Labs plunged 2 percent each followed by ITC, Wipro, Infosys, TCS and Cipla with a 0.4-1 percent loss.
Winter session of Parliament begun today but both houses are adjourned till tomorrow. The Parliament session will take up 29 bills in just 12 sittings. Crucial legislations like the direct taxes code, insurance bill top the agenda.
At the moment, Udayan Mukherjee expects the Nifty to hold 6000; however, adds that the market should not lose its focus from global cues
The market is eagerly waiting for the election results to take a decisive direction. However, some experts feel that the market has already priced in the assembly election results.
Prime Minister Vladimir Putin's ruling party suffered a big decline in Russia's parliamentary election on Sunday, winning less than half of votes cast, according to the two biggest exit polls published after voting closed.
The CNN-IBN-The Week post-poll surveys conducted by the CSDS reveal surprising trends among voters in all four states.