Sensex, Nifty end at record closing high on exit polls verdict; PSU banks outperform.



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It a green close for the market on Tuesday, with the Nifty ending well above 10,650-mark. 
A rally among PSU banks, energy names as well as IT boosted the market. In the broader market, the Nifty Midcap index ended over half a percent higher. 
At the close of market hours, the Sensex ended up 159.06 points or 0.45% at 35513.14, while the Nifty was higher by 57.00 points or 0.54% at 10685.60. The market breadth was narrow as 1238 shares advanced, against a decline of 1320 shares, while 161 shares were unchanged.
Infosys, TCS, and BPCL were the top gainers, while Sun Pharma and Hero MotoCorp lost the most.
HEADLINES OF THE DAY
The Sensex was up 1,421.90 points or 3.75% at 39352.67, while Nifty was up 421.10 points or 3.69% at 11828.30.
Exit polls have predicted a comfortable victory for the BJP-led NDA, which helped the benchmark indices end at a record closing high. Both the indices posted a biggest single session gain since 2009.
At close, the Sensex was up 1,421.90 points or 3.75% at 39352.67, while Nifty was up 421.10 points or 3.69% at 11828.30. About 2013 shares have advanced, 613 shares declined, and 155 shares are unchanged. 
Indiabulls Housing, IndusInd Bank, Adani Ports, SBI and Tata Motors were among major gainers on the Nifty, while losers were Dr Reddy Labs, Zee Entertainment, Bajaj Auto, Tech Mahindra and Infosys.
RESULTS TO BE ANNOUNCED TOMORROW :- Bharat Fin , Tech Mahindra.
The crucial resistance for Nifty spot is now seen at 12000 and above this 12260 Support for the immediate term is now placed at 11600 next support will be 11480.


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