Evening Walk Down Dalal Street on March 11, 2019
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Well, one thing is certain that there were no Monday blues on D-Street. Both Sensex, and Nifty recorded their highest level in 2019. The S&P BSE Sensex closed above 37000 for the first time since September 19, 2018, while Nifty50 reclaimed 11,100 levels for the first time since September 21.
Anecdotal data suggests that except for 2009, the market has always rallied in the next session of all Lok Sabha poll date announcements since 1999, CNBC-TV18 data showed.
Lok Sabha elections will begin on April 11 and polling would be held over seven phases till May 19, followed by counting of all votes on May 23, the Election Commission announced the dates over the weekend.
