Sensex rises 537 points ahead of of exit poll outcome; Nifty ends at 11,407

Experts are hoping for a continuity in the Narendra Modi regime

The benchmark indices on Friday posted their biggest single-day gain in nearly four months after banking, automobile and consumer goods stocks rallied in anticipation of a favourable poll outcome. Better-than-expected earnings posted by financial companies Bajaj Finance and Bajaj Finserv also buoyed sentiment.

The Sensex rose 537 points, or 1.44 per cent, to close at 37,931, while the Nifty rose 150 points, or 1.33 per cent, to end the day at 11,407 — the biggest gain for both the indices since January 31. The sharp rally comes ahead of exit polls, which will be released on Sunday evening after the seventh