Narendra Modi’s Historic Impact, Sensex reaches all time High

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On May 16, 2014, the Sensex on NDA’s victory reached 25,000 for the first time. Sensex rose 1422 points on Monday after the outcome of exit polls
Mumbai.  The stock market has remained quite bullish. Sensex recovered by 481.56 points to 39,591.77 During the business, 900 points climbed to 40000 for the first time. The Nifty started at 163 points above 11,901.30. 231 points reached the record level of 12,000 during the business

SBI shares up 4%

IndusInd Bank’s stock is trading at 7.5% and SBI’s stock is growing 4%. Larsen & Toubro has a 3.5% jump in power grid and 2.5%. On the other hand, 3% in Vedanta and 1% loss in Tata Motors were recorded.

The market will fluctuate throughout the day: Analyst

Analysts say that if the results are in accordance with the exit poll, a rally of 10% may come in the market. If the results are the opposite, then they may fall. Today there is hope for huge fluctuation. The result of the results will be fully clear till late evening or at night so the market will also affect on Friday.

All eyes on the market

HDFC securities Head (Retail Research) Dipak Jasani says that market volatility will remain during the results. Market regulator SEBI and stock exchanges have raised surveillance to stop manipulating the price of shares amidst fluctuations.

Following the trends of exit polls, the Sensex rose by 421 points and the Nifty rose 421 points on Monday. The exit poll was issued on Sunday, in which NDA was given a full majority.

Also Read: LS ELECTIONS: MODI WAVE LOOKS TO SWAP AWAY ‘MAHAGATHBANDHAN’

Rupee rises 26 paise

Rupee rises 26 paise to 69.40 against dollar The beginning was at 69.45. Wednesday closed at 6 69.66 with a gain of 6 paise.

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