Markets Live: Sensex hits 40,000, Nifty crosses 12,000 as NDA leads in over 300 seats
Election Result 2019: Early Trends Show BJP Well Ahead Counting so far has shown Modi’s BJP and its partners are continuing to expand the lead over opponents. Modi himself is leading at his Varanasi seat in Uttar Pradesh, reports Bloomberg News, while Rahul Gandhi is leading at both Wayanad and Amethi. The ruling alliance is ahead in over 325 seats while the main opposition Congress.
Indian markets moved sharply higher as NDA led in over 300 seats according to the latest trends. Counting of votes for Lok Sabha election results 2019 started at 8 am today and latest trends showed NDA-led BJP ahead in over 300 seats. Indian stocks markets have seen big swings on Lok Sabha election results day going by the experience of the past three Lok Sabha elections. The Nifty hit 12,000 mark for first time while Sensex also nearly 900 points to cross the 40,000 mark. Broader markets were also strong with both BSE midcap and smallcap indices rising over 1%.
