Elections round the corner, Sensex soars 233 points

Equity benchmark Sensex surged over 233 points 36,904 in early trade on Monday, which is seen by experts as a pre-poll rally following the announcement of 2019 general election dates.
Similarly, the NSE gauge Nifty rose over 75 points to scale past 11,110 level.
The BSE Sensex started off on positive note at 36,741.57 and furthered its gains to trade at 36,904.81, rising 233.38 points, in early trade.
The broader Nifty opened at 11,068.75 and extended its rise to 11,110.95, gaining 75.55 points.
Experts said that prevailing geopolitical concerns in the wake of recent India-Pakistan military conflicts will be a key factor in the upcoming general elections that may help incumbent NDA government at the Centre.
With the Election Commission of India (EC) announcing dates for the much-awaited 2019 general elections, market analysts say a pre-poll rally is likely to continue, citing historical data which suggests a positive trend in the stock market in case the incumbent returns to power.

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