Markets surge as investors bet on Trump win

US stock futures and the dollar surged in Asia on Wednesday as investors wagered Donald Trump could win the US presidential election.

Sensex and Nifty ticked higher in initial trade on Wednesday led by buying in IT stocks and a rally in the US markets.

The BSE Sensex climbed 338.1 points to 79,814.73 in early trade. The NSE Nifty jumped 101.5 points to 24,314.80.