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Exit polls drive stocks high, Sensex jumps 216 pts

Exit polls drive stocks high, Sensex jumps 216 pts

TIL Desk/Business/Mumbai/ Exit poll findings giving the BJP an upperhand in winning Gujarat and Himachal Pradesh lit up stocks on Friday, with the Sensex soaring 216 points, up for the second successive session.

The start was electrifying after a string of survey agencies predicted a clear win for the BJP in these two states, but the rally faltered as investors decided to wait for the counting, the results of which will start trickling in during market hours on December 18.

During the day, the Sensex scaled a high of 33,621.96 before finishing at 33,462.97, up 216.27 points, or 0.65 per cent, over the previous closing. For the broader 50-share NSE Nifty, the close came in at at 10,333.25, a gain of 81.15 points, or 0.79 per cent.

Stocks rode on the rupee too, which hit a three-month high against the dollar during the day.For the second straight week, the Sensex advanced, notching up a significant gain of 212.67 points, or 0.63 per cent. The Nifty was up 67.60 points, or 0.65 per cent, during the week.

Shares of metal, realty, consumer durables, auto, capital goods and banking hogged limelight on a flurry of buying by investors, said traders. On two straight days, the Sensex has gained 410 points and the Nifty over 140 points.

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