Motilal Oswal Financial Services Ltd.Also read: Exit polls predict Modi 3.0: Sharekhan lists top stocks for short and long term including ICICI Bank, SBI; check listConsidering the market's performance on the eve of the results announcement, most probably, the investors will continue their celebrations on June 4, as historical trends suggest.Livemint scouted the data on stock market performance trends on the day of the election results. We found that the outcome generally has minimal impact on long-term investors.The S&P BSE Sensex Index has consistently risen in the six months following the election results in each of the last four cycles, with a median return of over 11 per cent.The market indices Sensex and Nifty were up 0.77 per cent and 0.37 per cent, closing at 5,399.47 and 1,717.5, respectively.Sensex Intraday High: 5,487.34 | Sensex Intraday Low: 5,131.03Nifty Intraday High: 1,750.30 | Nifty Intraday Low: 1,625.10Sensex was up 2.53 per cent.
Read more on livemint.com