As Exit polls predict NDA win, Sensex zooms 897 pts

A day after the exit polls of Lok Sabha elections predicted major victory of BJP led-National Democratic Alliance government, the Sensex on Monday zoomed 897 points to 38,892.89, whereas the Nifty rallied over 200 points to vault past 11,650.

The results of the seven-phase polls will come out Thursday and experts opined that markets have partly discounted exit poll outcome in the last few days.

Most exit polls Sunday forecast another term for Prime Minister Narendra Modi, with some of them projecting that BJP-led NDA will get more than 300 seats to comfortably cross the majority mark of 272 in the Lok Sabha.