As Exit Polls Predict NDA Victory in the 2019 Lok Sabha Elections,Rupee Surges By 86 Paise Against Dollar And Sensex Surges Over 1,100 points Monday May 20,2019

The Indian Rupee advanced by as much as 86 paise or 1.22 per cent to 69.36 against the dollar on Monday May 20,2019, a day after exit polls predicted that the Bharatiya Janata Party-led National Democratic Alliance (NDA) will win almost as many seats as it did in 2014 and form a stable government comfortably.

The equity markets also rejoiced the predictions of exit polls as the Sensex surged over 1,100 points and the Nifty 50 Index reclaimed 11,700 mark.

The poll of polls, an aggregate of exit polls, gives the BJP-led National Democratic Alliance (NDA) 302 of 543 seats and the Congress and its allies 122.