The 30-share Sensex surged 800 points, or 3.8 per cent, to end at 21,920. The 50-share Nifty rose 250 points, or four per cent, to close at 6,527
Gold down by 1.5%, silver down by 3%
FII selling could arrest market rise
Several investors held meeting with company's management for buying stake
Since the beginning of this year, FIIs have been net buyers by Rs 3,619.3 crore, while domestic institutions were net sellers by Rs 715.66 crore
Many analysts attribute rally to investors' exuberance about a strong election verdict, rather than a meaningful change in economic fundamentals
Sensex sniffs 22,000 on pre-poll optimism, CAD comfort; infra, banks lead way
But overall sentiment cautious ahead of payroll data
BSE benchmark Sensex touched a lifetime intra-day high of 21,960.89, a rise of 1.89%
The Sensex and the Nifty ended at fresh closing highs led by banks and index heavyweight RIL
Market volatility remains high just before the polling starts and rises to a crescendo as soon as the exit polls start trickling and counting starts
Sensex ends above 21,900 and Nifty ends above 6,500
The current rally is being called a 'Hope rally', in hope that Narendra Modi led BJP with its agenda for development will come to power
Sensex tops 21,900 in late noon trades led by Reliance Industries and bank shares
Reliance Industries which holds third highest weight in the Sensex have contributed nearly 100 points in Sensex over 300 points rally today.
IT, Health Care and Consumer Durables scrips decline
Bank Nifty surged 4% to 11,759 levels, as compared to 1% rise in benchmark Nifty
Bharti Airtel now carries a stable investment grade rating from all 3 major rating agencies - S&P, Moody's and Fitch.
The largest gainer among the sectoral indices today, the Bank Nifty has rallied 10% in past four trading sessions