Sunday, Sep 21, 2014

BSE Sensex hits fresh all-time high of 24,000, soars 480 pts on Lok Sabha exit polls f’cast

Market soar to new highs as exit polls see Narendra Modi-led govt win; BSE Sensex up over 300 points, NSE Nifty hits 7100 (AP) Market soar to new highs as exit polls see Narendra Modi-led govt win; BSE Sensex up over 300 points, NSE Nifty hits 7100 (AP)
Reuters | Mumbai | Posted: May 13, 2014 9:40 am | Updated: May 13, 2014 12:27 pm

BSE Sensex rose as much as 2.2 percent on Tuesday, breaching the 24,000-pt level for the first time, a third consecutive record high, as stocks of companies focussed on the domestic sector surged after exit polls showed the Bharatiya Janata Party and its allies winning a majority in the elections.

The NSE Nifty index rose as much as 2.25 percent to hit a record high of 7,172.35. The BSE index rose as much as 2.2 percent to hit a record high of 24,068.94, surpassing the psychologically important 24,000 mark for the first time.

Bharat Heavy Electricals Ltd (BHEL) jumped 14 percent, while Oil & Natural Gas Corp (ONGC) rose 4.3 percent.

 

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