Journalism of Courage
Despite some profit booking in the afternoon trade, the stock markets remained at record highs as investors cheered results trend indicating BJP's clear victory
in the general elections.
Employees celebrate as the Sensex crossed 25000 points after BJP won the Lok Sabha elections 2014 at Dalal Street, Mumbai. (Source: Express Photo by Ganesh Shirsekar)
In the forex market, the rupee climbed to 11-month high of 58.62 against the US dollar amid lower demand for the American currency and heavy foreign fund inflows into the stock markets.
Employees celebrate as the Sensex crossed 25000 points after BJP won the Lok Sabha elections 2014 at Dalal Street, Mumbai. (Source: Express Photo by Ganesh Shirsekar)
As result trends poured in this morning, the BSE Sensex climbed 1,470.03 points to an all-time high of 25,375.63. However, profit-booking trimmed early gains and the Sensex was quoting 941.81 points, or 3.94 per cent higher at 24,847.41 at 1230 hrs. (Source: Express Photo by Ganesh Shirsekar)
The NSE's 50-share Nifty was trading up by 288.45 points, or 4.05 per cent, at 7,411.60, after breaching the psychological 7,500-mark to touch an intra-day peak of 7,563.50. (Source: Express Photo by Ganesh Shirsekar)
Tracking the extremely strong sentiment in the equity markets that recorded lifetime highs, as many as 220 stocks hit one-year highs in the morning trade on the BSE following election result trends. (Source: Express Photo by Ganesh Shirsekar)
Narendra Modi appears all set to be the next Prime Minister with BJP likely to get a majority on its own, wresting power from Congress which is on the path of recording its worst ever performance in the Lok Sabha polls. (Source: Express Photo by Ganesh Shirsekar)
