After the election of Gujarat and Himachal Pradesh assembly elections, the BJP's victory sign in the survey (Exit poll) showed the impact of the stock market. The Sensex rose for the second consecutive day and climbed 216 points. The 30-share index of the Bombay Stock Exchange Sensex climbed 216.27 points, or 0.65 percent, to close at 33,462.97. During the business, it had climbed to a high of 33,621.96 points. The Nifty of the National Stock Exchange also improved by 81.15 points or 0.79 percent to 10,333.25.
The traders said that the signs of the BJP winning in Gujarat and Himachal Pradesh increased the enthusiasm of investors in the market. In the foreign exchange market, the rupee touched the three-month high of 64.01 against the dollar against the dollar in the positive zone. This is the second consecutive week when the domestic market is closed in a tight rally.
During the week, the Sensex plunged by 212.67 points or 0.63 percent, and the Nifty was up 67.60 points, or 0.65 percent. Shares of different segments of the BSE were trading in metal, realty, durable consumer products, vehicles, capital goods and banking stocks. In the last two business days, the Sensex has gained 410 points and the Nifty has 140 points.