BJP's victory takes stock market to new heights

BANGALORE, INDIA: With the election results today which swept a lanslide victory for NDA, the stock market has also witnessed an uprise in the country. The trending tweets were also about the surge in the markets and the electoral buzz.

Technology, health-care and consumer staples companies, retreated the most today as investors shifted money into stocks that more geared to recovery but were still under pressure. Infosys Ltd., an exporter of software services, and ITC Ltd., were one of the biggest names on the Sensex.

Amabani is reported to have gained $1 billion and Adani has gained $600 million, the latter being is a Gujrati native.

According to online reports, the sensex for today has closed at 24,000 points and Nifty at 7,203 level.