India s equity indices surged nearly 1% on Thursday, with markets expected to make fresh highs in the next few trading sessions despite foreign portfolio investors selling shares.
Sensex, Nifty strategy for election day: On Sensex, an analyst with 5Paisa.com sees support at 75,850, followed by 75,230 while the resistance is seen at 76,900, following which the index can test 77,350 level.
Lok Sabha Election Results 2024: Experts anticipate high volatility on election result day. Nifty could see further gains if results match exit polls, but selling pressure if below expectations.
Experts believe markets could open above 23,100 amid positive sentiments. Exit polls indicate a clear BJP-NDA win. GDP numbers released over the weekend exceeded expectations at 8.2 percent.