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Below the Quote on Impact of Exit polls results by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

"Exit polls results which indicate clear victory for the NDA with around 360 seats completely removes the so called election jitters which have been weighing on markets in May. This comes as a shot in the arm for the bulls who will trigger a big rally in the market on Monday. Largecaps in financials, capital goods, automobiles and telecom are likely to lead the rally. The bulls will be further emboldened by the better-than-expected 8.2% growth in GDP numbers which came after market hours on Friday. Technically  and fundamentally the market is poised for a rally."

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