99 stocks hit 52-week high on BJP win

Tracking the strong momentum in the broader market, as many as 99 stocks touched their one-year high on the BSE on Monday.

Among these were Axis Bank, Biocon, JSW Steel and Larsen & Toubro. However, 105 scrips also hit their respective one-year low level on the exchange. These included Videocon Industries and Amar Remedies.

"The Sensex hit a new record, with a four-month high, with the BJP win. Investors see India as a great marketplace to invest after the BJP being called a more business friendly government, leaves a great impression on the Sensex after the first day opening post results," said Praveen Nigam, managing director, Amplus consulting.

The BSE Sensex ended at a high of 21,326.42, a gain of 329.89 points or 1.57 per cent, as the BJP sweep boosted hopes that a new government in the 2014 general elections would be more business-friendly.