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Top midcap bets from Motilal Oswal post exit polls results

Updated : May 21, 2019 07:08 PM IST

Indian equity benchmark indices witnessed a record rally on Monday after the exit polls of the 2019 general elections indicated a comfortable win for the Narendra Modi government.
The Sensex gained as much as 210 points to hit a new high of 39,562.90, surpassing the previous high of 39,487.45, hit on April 18. Nifty also gained as much as 50 points to hit a fresh high of 11,878.75, surpassing the previous high of 11,856.15, hit on April 18. 
Analysts in Motilal Oswal believe that the near-term direction of the market will be decided by the developments on the political front. Keeping politics aside, the fundamentals are not offering much comfort with earnings.
Top midcap bets from Motilal Oswal post exit polls results
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