• SENSEX
    NIFTY 50

Mangalam Maloo's market update on May 20: Sensex, Nifty likely to open positive; Tata Motors, Jet Airways, InterGlobe Aviation in focus

Indian bourses are expected to a rally on Monday after exit polls of the 2019 Lok Sabha elections projected Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) to win a comfortable majority. Analysts said the equity market has already priced in Narendra Modi's win, however, the exit poll numbers will further boost Indian benchmark indices BSE Sensex and NSE's Nifty 50.

A News18-Ipsos exit poll has predicted NDA winning 336 out of 542 seats, with BJP gaining 276 seats and allies seen taking 66 seats. Congress-led United Progressive Alliance is likely to win 82 seats, with the grand old party taking 46 seats and the rest of 36 to allies.

On Friday, the Sensex surged 537.29 points, or 1.44 percent, to 37,930.77, and the Nifty 50 rallied 150.05 points, or 1.33 percent, to 11,407.15. For the week, the Sensex rose 467.78 points or 1.24 percent, and the Nifty gained 128.25 points or 1.13 percent.

Share markets in Asia got off to a steady start on Monday as investors tried to catch their breath following another week of escalating trade tensions between the United States and China.

At 7:05 AM, the SGX Nifty, a key indicator for the Indian market surged 2.16 percent, at 11,681, indicating a positive start for the Sensex and the Nifty.

Stocks to watch: Tata Motors, Jet Airways, InterGlobe Aviation in focus. Click here to know more.

About MarketBuzz

The CNBCTV18.com podcast on the big themes, vital news and key events that you should know before the opening bell, powered by CNBC-TV18 anchors.

MarketBuzz is your daily morning briefing by CNBC-TV18 research analysts and anchors Sonia Shenoy, Ekta Batra, Anisha Jain, Nigel D’Souza and Mangalam Maloo to jumpstart your stock market investing.

Subscribe to our free podcasts on Audioboom or listen on the featured podcast page on CNBCTV18.com.
More Episodes from MarketBuzz
MarketBuzz Podcast with Ekta Batra: Sensex, Nifty likely to open higher; Maruti Suzuki, BPCL, Vodafone Idea in focus
The Indian market is likely to open higher on Thursday following gains in Asian peers after the US Federal Reserve kept the interest rates unchanged and indicated no rate hike in 2020.
12 Dec 2019
MarketBuzz Podcast with Ekta Batra: Sensex, Nifty likely to open cautiously; YES Bank, Bharti Airtel, RIL in focus
The Indian market is expected to open on a cautious note ahead of the inflation data, to be released this week.
12 Dec 2019
MarketBuzz Podcast with Anisha Jain: Sensex, Nifty likely to open flat; YES Bank, HDFC, Hero MotoCorp in focus
The Indian market is expected to remain cautious on Tuesday, following global markets, which traded lower as investors refrained from making major bets ahead of the next round of US tariffs on Chinese imports.
11 Dec 2019
MarketBuzz Podcast with Nigel D'Souza: Sensex, Nifty to open flat; Maruti Suzuki, Bharti Airtel, Vodafone Idea in focus
The Indian market is likely to open steady on Monday amid mixed global cues.
11 Dec 2019
MarketBuzz Podcast with Ekta Batra: Sensex, Nifty likely to open higher; YES Bank, M&M, Indiabulls Ventures in focus
Benchmark indices BSE Sensex and NSE’s Nifty50 are likely to open higher on Friday after RBI’s ‘accommodative’ stance on the repo rate. Global shares inched slightly higher ahead of the US payrolls data.
10 Dec 2019
MarketBuzz Podcast with Reema Tendulkar: Sensex, Nifty to open steady; HDFC AMC, SBI, Telecom stocks in focus
Indian markets are likely to open steady on Thursday ahead of the announcement of the Reserve Bank of India’s bi-monthly monetary policy later in the day.
10 Dec 2019
Load More...
Sign Up For Primo, Our Free Daily Newsletter