Indian stocks hit record highs; rupee, bonds gain as Modi on track for big win

MUMBAI - Indian stock markets hit record highs while the rupee and bonds rallied as early vote counting in general elections showed the ruling National Democratic Alliance with Narendra Modi at the helm winning a second term.

Exit polls had predicted a clear win for Modi in the election that ended on Sunday, but such polls in India have sometimes proved misleading. The broader NSE index was up 2.55% at 12,036.75 as of 0515 GMT, while the benchmark BSE index was 2.59% higher at 40,123.86.

large outflow of foreign capital in china's stock market. Why?

And Adani gets the go ahead!

Too late. The initial euphoria has died down. Markets are flat (0.25% up).

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Indian Markets Rally on Modi Exit Poll LeadIndian markets cheered as exit polls suggested Prime Minister Narendra Modi is set for another five years at the helm of Asia’s third- largest economy. Have you ever posted a photo of US's stock market building with a black woman cleaning the road? Or you're always trying to prove white supermacy? Racist people! TERRORIST WINS............IT SHOWS THAT HOW SICK INDIAN NATION IS............ Modi did good job in last 5 years
Source: WSJ - 🏆 98. / 63 Read more »