Indian shares zoom as early trends show second-term for Prime Minister Narendra Modi by ArnabP07 For more on IndiaElections2019, follow our live blog:
FILE PHOTO: People walk past the Bombay Stock Exchange building in Mumbai, India, January 25, 2017. REUTERS/Shailesh Andrade
Investor sentiment has been buoyant since exit polls were announced on Sunday, with both the NSE index and the BSE index gaining 3.7% each the next session, a level last seen in 2014. “However if this doesn’t happen and there is a hung parliament, or UPA comes into power, we can expect to see a huge correction, downside movement up to 10,450.”
The NSE index rose 64.8% during Modi’s first term till Wednesday’s close while the BSE index gained 63.6% during the same period.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Under Modi, Hindu hardliners turn Indian theatre into a battlegroundUnder Prime Minister Narendra Modi, Hindu hardliners turn Indian theater into a battleground by AnujaJaiman
Read more »
Modi chooses woman facing terrorism charges as election candidateIndian Prime Minister Narendra Modi chooses woman facing terrorism charges as election candidate by zebatweets
Read more »
India's Modi set to return to power with a bigger majority, exit polls showIndian Prime Minister Narendra Modi is likely to return to power with an even bi...
Read more »
Modi set to return to power with a bigger majority, exit polls showIndian Prime Minister Narendra Modi is likely to return to power with an even bi...
Read more »
India's Narendra Modi is being trolled with a fake wordPrime Minister Modi, a Hindu nationalist, was called out for lying by opposition leader Rahul Gandhi.
Read more »
At his first news conference in India, PM Modi declines questionsPrime Minister Narendra Modi, in power for five years, attended his first news c...
Read more »
At his first news conference in India, PM Modi declines questionsPrime Minister Narendra Modi, in power for five years, attended his first news c...
Read more »
India election results: Modi remains favored to win as counting startsVote counting has begun in India, capping a six-week election in the world's largest democracy. Here's what's at stake.
Read more »
Modi set to win election, exit polls showIndian Prime Minister Narendra Modi's ruling alliance is likely to win a cl...
Read more »
India's Modi-led coalition likely to win majority, exit polls showIndian Prime Minister Narendra Modi's ruling alliance is likely to win a ma...
Read more »