<p>New Delhi: Investors' wealth jumped Rs 12.48 lakh crore in morning trade on Monday as the benchmark equity index Sensex hit its lifetime high after exit polls predicted a massive win for the BJP-led NDA in the Lok Sabha polls.</p>.<p>The 30-share BSE Sensex jumped 2,777.58 points or 3.75 per cent to hit a record peak of 76,738.89 in early trade.</p>.<p>Following the huge rally in equities, the market capitalisation of BSE-listed companies climbed Rs 12,48,952.68 crore to hit an all-time peak of Rs 4,24,61,833.82 crore ($5.10 trillion) during the morning trade.</p>.<p>Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the BJP-led NDA expected to win a big majority in the Lok Sabha polls.</p>.<p>The counting of votes will take place on June 4.</p>.Market Outlook: Lok Sabha election result, RBI interest rate decision key events to watch for this week.<p>"The exit poll numbers are very strong for the incumbent government," Narendra Solanki, Head Fundamental Research - Investment Services, Anand Rathi Shares and Stock Brokers, said.</p>.<p>Overall, it's positive for the markets in short as well as long term. Also, the recent released good GDP growth data should provide support to existing positive momentum, he added.</p>.<p>India's economy grew by 8.2 per cent in the fiscal year that ended in March, cementing the country's position as the fastest-growing major economy in the world.</p>.<p>"The GDP numbers which came on Friday were better-than-expected with 8.2 per cent growth. This will provide fundamental support to the market," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.</p>.Markets to cheer likely third term for Modi, hope for reforms.<p>All the 30 Sensex companies were trading in the green. Power Grid, NTPC, State Bank of India, Larsen & Toubro, Mahindra & Mahindra, IndusInd Bank and Axis Bank were the biggest gainers from the Sensex pack.</p>.<p>In Asian markets, Seoul, Tokyo and Hong Kong were quoting with gains while Shanghai traded lower.</p>.<p>US markets ended mostly higher on Friday.</p>.<p>Foreign Institutional Investors (FIIs) bought equities worth Rs 1,613.24 crore on Friday, according to exchange data.</p>
<p>New Delhi: Investors' wealth jumped Rs 12.48 lakh crore in morning trade on Monday as the benchmark equity index Sensex hit its lifetime high after exit polls predicted a massive win for the BJP-led NDA in the Lok Sabha polls.</p>.<p>The 30-share BSE Sensex jumped 2,777.58 points or 3.75 per cent to hit a record peak of 76,738.89 in early trade.</p>.<p>Following the huge rally in equities, the market capitalisation of BSE-listed companies climbed Rs 12,48,952.68 crore to hit an all-time peak of Rs 4,24,61,833.82 crore ($5.10 trillion) during the morning trade.</p>.<p>Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the BJP-led NDA expected to win a big majority in the Lok Sabha polls.</p>.<p>The counting of votes will take place on June 4.</p>.Market Outlook: Lok Sabha election result, RBI interest rate decision key events to watch for this week.<p>"The exit poll numbers are very strong for the incumbent government," Narendra Solanki, Head Fundamental Research - Investment Services, Anand Rathi Shares and Stock Brokers, said.</p>.<p>Overall, it's positive for the markets in short as well as long term. Also, the recent released good GDP growth data should provide support to existing positive momentum, he added.</p>.<p>India's economy grew by 8.2 per cent in the fiscal year that ended in March, cementing the country's position as the fastest-growing major economy in the world.</p>.<p>"The GDP numbers which came on Friday were better-than-expected with 8.2 per cent growth. This will provide fundamental support to the market," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.</p>.Markets to cheer likely third term for Modi, hope for reforms.<p>All the 30 Sensex companies were trading in the green. Power Grid, NTPC, State Bank of India, Larsen & Toubro, Mahindra & Mahindra, IndusInd Bank and Axis Bank were the biggest gainers from the Sensex pack.</p>.<p>In Asian markets, Seoul, Tokyo and Hong Kong were quoting with gains while Shanghai traded lower.</p>.<p>US markets ended mostly higher on Friday.</p>.<p>Foreign Institutional Investors (FIIs) bought equities worth Rs 1,613.24 crore on Friday, according to exchange data.</p>