Stock market will rock, rupee will strengthen: India Inc reacts to Modi's UP win

Prominent India Inc names like Harsh Goenka, Kiran Mazumdar-Shaw, Sachin Bansal, Sajjan Jindal, and Anand Mahindra hailed the Bharatiya Janata Party's (BJP's) certain victory in Uttar Pradesh and the party's performance across other states saying that economic reforms would get a big boost as a result. 

Goenka also said that the stock markets would open positively on Tuesday and the rupee would appreciate against the US currency.

But the poll results will not lead to increased spending by India Inc in the coming quarters, which has slowed down considerably since the Modi government took charge in 2014, the business leaders