Sensex soars 616 points; Nifty hits new high of 9,122 on BJP's poll success

New Delhi: Crucial state election results lifted the domestic equity indices during the early morning trade session on Tuesday.

Nifty hit new high at 9,122.75 in opening trade while Sensex soared 616 points to 29,561.93 on BJP's massive win in UP.

The outcome of elections to five state assemblies were declared on March 11. However the impact of results were only witnessed on Tuesday, as the Indian equity markets were closed on account of Holi on Monday.

All sectoral indices led by bank, capital goods and realty were in the positive zone with gains up to 2.20 percent.

The 50-share NSE Nifty climbed 188.20 points, or 2.10 percent, to record an all-time high of 9,122.75 intra-day, surpassing its previous corresponding figure of 9,119.20 on March 4, 2015.

The 30-share Sensex too zoomed 615.70 points, or 2.12 percent, to trade at 29,561.93, a level last seen on March 4, 2015. The gauge had gained 44.29 points in the past two sessions.

With Agency Inputs