 "Provisional: Nifty ends at all-time high")
Markets ended on a high note as investors hailed the outcome of state assembly polls, the results of which declared on Sunday. Market touched its all-time high levels as Bhartiya Janata Party (BJP) emerged triumphant with maximum seat count in four of the five states that went to polls in the month of November and December.
Market rallied after BJP won the so called semi final polls after a stellar show in state assembly polls. Investors anticipate a Narendra Modi-led National Democracic Alliance (NDA) government coming to power at the centre in 2014 general elections.
The 50-share Nifty opened at 6,415 levels, surpassing its previous high of 6,357 touched on January 8, 2008, after the outcome of the Assembly election polls in four states of Delhi, Rajasthan,Madhya Pradesh and Chattisgarh that saw Bharatiya Janata Party (BJP) emerge at the single largest party in terms of seats bagged.
The 30-share Sensex closed 290 points higher at 21,286 levels after hitting an all-time high of 21,484 and the 50-share Nifty was up almost 100 points at 6,357 after touching an all-time high of 6,415.
Market rallied after BJP won the so called semi final polls after a stellar show in state assembly polls. Investors anticipate a Narendra Modi-led National Democracic Alliance (NDA) government coming to power at the centre in 2014 general elections.
The 50-share Nifty opened at 6,415 levels, surpassing its previous high of 6,357 touched on January 8, 2008, after the outcome of the Assembly election polls in four states of Delhi, Rajasthan,Madhya Pradesh and Chattisgarh that saw Bharatiya Janata Party (BJP) emerge at the single largest party in terms of seats bagged.
The 30-share Sensex closed 290 points higher at 21,286 levels after hitting an all-time high of 21,484 and the 50-share Nifty was up almost 100 points at 6,357 after touching an all-time high of 6,415.
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