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Sensex spikes 194 points, Nifty finishes above 10,250 ahead of Gujarat exit polls

stock market high
The benchmark BSE Sensex ended the session higher on value-buying by investors ahead of exit poll results for Gujarat Assembly elections later in the day. The BSE Sensex rises 193.66 points at 33,246.70, while the NSE Nifty50 rises 59.15 points to 10,252.10. 

Among BSE sectoral indices, consumer durables fell 0.88%, followed by power 0.78%, infrastructure 0.72% and Information Technology 0.61%. On the other hand, oil & gas index was up 0.39%, banking 0.26%, healthcare 0.2% and auto 0.02%. 

Top five Sensex gainers were Dr Reddy's, Mahindra and Mahindra, Cipla, Lupin and NTPC, while the major losers were TCS, PowerGrid, Wipro, Adani Ports and L&T. 

Oil company stocks such as BPCL, HPCL and IOCL gained by 1.78%, 3.12% and 2.31% respectively. Index heavyweight ITC advanced 1.93% at Rs 264.05 and HDFC Bank rose 1% at Rs 1,840. 

IT major TCS dropped 2.63 percent at Rs 2,558.10. The stock was the biggest loser among the 30-share Sensex pack.

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Sensex spikes 194 points, Nifty finishes above 10,250 ahead of Gujarat exit polls


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