While market authorities have been already monitoring stock movements very closely since last few days, which saw markets surging to record highs on the back of exit poll and other predictions, they are now mainly focussing on tackling any possible shocks tomorrow and on Monday.
The counting of votes for 543 Lok Sabha constituencies will begin tomorrow at 8 am, while clear trends are likely to emerge by afternoon and final results may keep coming out till late evening.
A special team at Securities and Exchange Board of India (Sebi) is keeping a close tab on the stock market movements, while another team would also be monitoring the election results as they get announced to understand whether price movements are linked to outcomes in various constituencies, sources said.
According to sources, the stock movement of companies related to Gujarat and many others are being closely watched as they have witnessed huge rallies in recent weeks.
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Besides, stock exchanges have put in place various circuit filters to stave off excessive volatility in stocks as well as derivatives segments.
Brokerages and other market entities are also advising investors to ensure that there are no sudden spurts or falls in the market, while investors are being discouraged from excessive margin exposure.
The aim is to ring fence the interest of investors and ensure smooth functioning of the market tomorrow by preventing manipulative activities, sources said.
Apart from tomorrow, market authorities would be keeping a special watch on May 19 (Monday) also to ensure there are no disruptions of any kind.