9.20 AM: Nifty above 11,900, Sensex gains 600 pts as NDA leads in more than 300 seats

It is a strong start for the Indian indices on May 23 as counting for Lok Sabha Election 2019 showing NDA is leading on more than 272 seats.

At 09:18 hrs IST, the Sensex is up 539.05 points or 1.38% at 39649.26, and the Nifty up 156.00 points or 1.33% at 11893.90. About 821 shares have advanced, 118 shares declined, and 17 shares are unchanged.

IndusInd Bank, Indiabulls Housing, Adani Port, Yes Bank, Zee, Britannia, RIL, Sun TV, BOI, PNB, Indian Cements and BEML are the major gainers on the indices.

All the sectoral indices are trading in green led by banks, auto, energy, infra, metal, IT and pharma.

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