Mumbai: Stocks markets sustained their record-breaking show as BSE standard Sensex ended at new final high of 23,551 and NSE Nifty at 7,014.25 in expectation that exit polls later on Monday will show formation of a constant government at the Centre.
Intra-day, the Sensex rallied to an all-time high of 23,572.88, surpassing preceding high of 23,048.49 and the Nifty touched 7,020.75, contravention the former high of 6,871.35.
Shares of processing plant, power, auto, capital goods, banking, FMCG and metal compressed up stridently on good buying support from investors and operators. Consumer sturdy, IT and Teck sectors also compressed up in line with other sectors. Healthcare, however, declined on gentle advertising.
The Sensex resumed higher at 23,031.11 and compressed up additional to an all-time high of 23,572.88, before settling at 23,551.00, viewing a sharp rise of 556.77 points or 2.42 percent from its last weekend's evidence ultimate of 22,994.23.
The NSE 50-share Nifty crossed 7,000 level for the first time in the times gone by to touch 7,020.75. It to end with defunct at 7,014.25, showing a smart gain of 155.45 points or 2.27 percent. It surpassed preceding final high of 6,858.80.
The rupee was trading at 59.8 levels beside US dollar.
Jignesh Chaudhary, Head of Research, Veracity Broking Services said: "Positive sentiments in the worldwide equities helped our local index to deal strong. index posted new all time highs... In anticipation that the exit polls today will show BJP on the charming side."
The nine-phase long Lok Sabha polls end today and the first set of exit polls are predictable to be out shortly.
Sentiments were boosted on explanation of brawny capital inflows into the Indian equity market. Last Friday, a net Rs 1,268.78 crore was pumped as per temporary data from the stock relations.
Most Asian stocks broken higher after Chinese President Xi Jinping allegedly said the country needs to adapt to a new usual" in the pace of financial expansion.
Key standard indices in South Korea, Hong Kong and China over higher in 0.43 percent to 2.08 percent range.
Indices in Japan, Singapore and Taiwan eased by 0.35 percent to 0.91 percent.
European stocks were trading assorted in their near the beginning trade with mining shares advancing after information of a sector advance. standard indices in the UK and Germany were up 0.19 percent and 0.27 percent in that order while France's CAC was down 0.17 percent.
