9.24 AM: It is a positive start for the Indian indices on May 24 after Election 2019 results

It is a positive start for the Indian indices on May 24 after Election 2019 results gave clear mandate to the BJP led NDA government.

At 09:16 hrs IST, the Sensex is up 348.76 points at 39,160.15, while Nifty is up 114.40 points at 11771.40. About 464 shares have advanced, 124 shares declined, and 20 shares are unchanged.

HDFC Bank, IOC, HPCL ,BPCL, Yes Bank, Kotak Mahindra Bank, Yes Bank, IndusInd Bank, L&T, Asian Paints, Axis Bank, RIL, Bajaj Finance are the major gainers on the indices, while losers are ONGC, Bharti Infratel, Bajaj Auto, Tech Mahindra and HCL Tech.

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

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