New Delhi: The results of the Haryana assembly elections are going to be declared today. The counting of votes is going on. The results changing every moment are increasing the heartbeat of the leaders of both BJP and Congress parties. In the initial suggestion, Congress had gained a lead, but after a few hours,, the Bharatiya Janata Party established its dominance. After the trend of BJP's lead, the faces of investors in the share market also brightened up and the stock market shot up.
On the 15-minute chart of Nifty, heavy buying was seen in the 9.45 am candle. This is where the market shot up, because at this time the trend in the Haryana assembly elections started showing the BJP getting a majority. The market welcomed this trend reversal.
 

There is a lot of buying in the banking sector.

Around noon, the Bombay Stock Exchange benchmark Sensex was trading with a gain of 307 points or 0.37 percent, while the National Stock Exchange benchmark Nifty was trading with a lead of 122 or 0.50%. All indexes except Nifty IT and Nifty Metal sector were trading with gains and the banking sector witnessed heavy buying.


Bank Nifty rose by about 1 percent to reach the level of 50,965, which shows a gain of more than 500 points. At the same time, Nifty Private Bank also rose by about 1 percent to reach the level of 25,352. After this, Nifty PSU Bank also rose by 1 percent to cross the level of 6,550. Apart from this, Nifty Pharma and Nifty Energy were also trading with a gain of about 1 percent.
 

These stocks have the highest gains

Talking about the top gainers stock during this period, Adani Port saw a rise of more than 3.5, after which it reached the level of 1,404, while Mahindra & Mahindra rose 2.10% to reach the price of 3,124. Shares of HDFC Bank also rose by more than 2 percent, after which it reached the level of 1,650. After this, shares of NTPC and Ultratech Cement were also trading with a gain of 1.5 percent.

BJP has the upper hand
 

Let us tell you that today the counting of votes is going on for 90 seats of Haryana and Jammu and Kashmir and after a few hours the new government will be announced in both the states. Around noon, the BJP was leading on 49 seats in Haryana, while Congress was leading on 35 seats. After this, INLD had 2 seats in its account. At the same time, JJP's account has not been opened yet.