Press Esc to close
Thursday 05 March 2015
News updated at 3:45 PM IST
Weather
Max: 31.7°C
Min : 16.9°C
In Bengaluru
clear sky

Sensex breaches 25,000-mark as BJP leads in vote count

Mumbai, May 16, 2014, IANS
People look at a screen across the road displaying the election results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai May 16, 2014. Reuters photo

Indian stocks were virtually on fire leading a key index to breach 25,000 points mark, as Narendra Modi-led Bharatiya Janata Party took a big early lead in India's national election vote count.

Around 10.50 a.m., the sensitive index (Sensex) of the Bombay Stock Exchange was ruling at a never before high of 25,375.63 points against the previous close of 23,905.60 points, to log a single-day gain of 871.39 points, or 3.65 percent.

Analysts said the markets were afire expecting a stable government under BJP's prime ministerial candidate Narendra Modi, who is also seen as a industry-friendly leader. Every industry-specific index was trading at record highs, exchange data showed.

The 50-scrip Nifty of the National Stock Exchange also surged in a similar fashion.

According to officials at the markets watchdog Securities and Exchange Board of India (SEBI), a close watch will be kept on market movements Friday during the counting of votes to prevent any disorderly trading.


Go to Top

Photo Gallery
Chief Minister Siddaramaiah at the inauguration of Emerging Manufacturing Entrepreneurs Resource Gro

Chief Minister Siddaramaiah at the inauguration of Emerging Manufacturing Entrepreneurs Resource Gro

Delhi Chief Minister Arvind Kejriwal meeting with a delegation of various Bar Associations of Delhi

Delhi Chief Minister Arvind Kejriwal meeting with a delegation of various Bar Associations of Delhi

BJP MP Jagadambika Pal celebrates Holi with TMC member Saugata Roy at Parliament

BJP MP Jagadambika Pal celebrates Holi with TMC member Saugata Roy at Parliament

A widow daubed in colours dances in the Holi celebrations organised by non-governmental organisation

A widow daubed in colours dances in the Holi celebrations organised by non-governmental organisation

Students of a gurukul take a water conservation pledge and also pay tribute to swine flu victims

Students of a gurukul take a water conservation pledge and also pay tribute to swine flu victims

Andhra Pradesh Chief Minister N Chandrababu Naidu celebrates holi with traditional artistes

Andhra Pradesh Chief Minister N Chandrababu Naidu celebrates holi with traditional artistes

Ireland's George Dockrell is bowled for 25 runs by South Africa's Morne Morkel to end their Cricket

Ireland's George Dockrell is bowled for 25 runs by South Africa's Morne Morkel to end their Cricket

The debris is being cleared after landslides on Jammu-Srinagar Jammu National Highway

The debris is being cleared after landslides on Jammu-Srinagar Jammu National Highway

Artist staged a play Visa Nirikshaneyelliddaga at the inauguration of Dalita Natakotsava

Artist staged a play Visa Nirikshaneyelliddaga at the inauguration of Dalita Natakotsava

Badly damaged road in Bengaluru

Badly damaged road in Bengaluru

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523