Sensex is up 2,500 points, and Nifty is up more than 1,000 points in early trading due to the NDA's predicted victory.

Sensex was up by 2,500 points and Nifty jumped over 1,000 points in pre-open trade over NDA's victory predictions by the Exit Poll agencies on Monday.

Sensex is up 2,500 points, and Nifty is up more than 1,000 points in early trading due to the NDA's predicted victory.

In pre-open trade on Monday, the Nifty surged over 1,000 points and the Sensex gained 2,500 points in response to the Exit Poll agencies' projections of the NDA's victory. The Nationa Democratic Alliance (NDA), led by the Bharatiya Janata Party, is expected to return with a sizable majority, according to market projections.

Earlier on Friday's closing day, value-buying in banking and oil shares following recent losses helped the stock markets end a five-day losing streak. The benchmark BSE Sensex closed 75 points higher.
 
The 30-share BSE Sensex rose by 75.71 points or 0.10 per cent to settle at 73,961.31. During the session, it hit a high of 74,478.89 points and a low of 73,765.15 points. Halting its five-day losing streak, the 50-share NSE Nifty rose by 42.05 or 0.19 per cent to end at 22,530.70.
 
Nifty and Sensex tanked more than 2 per cent in the five days to Thursday amid high volatility ahead of the results of the Lok Sabha polls.
 
"The pre-election trading strategy has come to an end, and all eyes will be on the release of the exit poll for further action. Regional diversions, marginally low voter turnout and strong resistance at current range are prompting investors to adopt a cautious stance," Vinod Nair, Head of Research, Geojit Financial Services said.
 
From the Sensex pack, Tata Steel, Bajaj Finance, HDFC Bank, Power Grid, IndusInd Bank, Larsen & Toubro, ICICI Bank were among the gainers. Nestle India, Tata Consultancy Services Maruti Suzuki India, Infosys, Axis Bank, Hindustan Unilever were the laggards..In Asian markets, Shanghai, Tokyo, Seoul and Hong Kong were closed on a mixed note. 
 
European stock markets were trading lower. Major indices on Wall Street ended lower on Thursday. Global oil benchmark Brent crude went lower 0.40 per cent to USD 81.53 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,050. 15 crore on Thursday, according to exchange data.