Key benchmark indices edged higher in what was
a choppy trading session as leads and results of Lok Sabha election
showed that Narendra Modi was on course to wrest the top job in the
country as a saffron wave swept large
swathes of India and leaving Congress in tatters. The benchmark BSE
Sensex surged to as high as 25,375.63, before ending the day at
24,121.74, up 0.9 percent. The broader Nifty jumped as much as 6.2
percent to a record high of 7,563.50, before closing 1.12 percent higher
at 7,203.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 36 advances to 14 declines.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 36 advances to 14 declines.
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