Sensex and Nifty closed higher today after exit polls signaled that Bharatiya Janata Party BJP was poised to retain power in the key election battle of Uttar Pradesh. Sensex ended 1223 points higher at 54,647 and Nifty gained 331 points to 16,345. The Indian market has ended up in green for the second straight session after the ongoing Russia-Ukraine conflict.
Asian Paints, Reliance Industries, Bajaj Finance and IndusInd Bank, were the top Sensex gainers, rising to 5.56 per cent. Power Grid, NTPC, Tata Steel and Nestle India were the only losers, declining by up to 1.89 per cent.
Five exit polls showed that Yogi Adityanath-led BJP is likely to win a second term in Uttar Pradesh by a landslide. The exit polls by India Today-Axis-My India, C-Voter, Today's Chanakya, Jan ki Baat and Veto pointed out 260 seats for the BJP and its allies. The majority of the seats were 202, and the contest was for 403 seats. The Samajwadi Party is projected to come in second with 126 seats.