D-St Buzz: Banks rally with ICICI Bank, SBI up 5-6% each; Adani group stocks spike, VIX tanks

From the private banking space, the top gainers are ICICI bank, IndusInd Bank, Axis Bank, YES Bank and RBL Bank.

Exit Poll clearly indicates that Modi-led NDA is likely to make a thumping return to power on May 23 with New18 IPSOS predicting NDA to get 336 seats while UPA may get a mere 82 seats out of the total 543 Lok Sabha seats.Exit Poll clearly indicates that Modi-led NDA is likely to make a thumping return to power on May 23 with New18 IPSOS predicting NDA to get 336 seats while UPA may get a mere 82 seats out of the total 543 Lok Sabha seats.

Nifty50 zoomed 271 points, trading at 11,678, while the Sensex rallied close to 1,000 points and is trading at 38,856.

Nifty PSU Bank is the outperforming sector which jumped over 6 percent led by Canara Bank, State Bank of India, Punjab National Bank, Indian Bank, IDBI Bank, Bank of India and Bank of Baroda.

From the midcap space, the top gainers are Adani Enterprises which zoomed 18 percent followed by Adani Power which jumped 15 percent. The other gainers are Tata Power, DHFL, Reliance Infra and HUDCO.

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