Indian stock market made history today. Indian stock benchmarks Sensex crossed 25,000 and Nifty crossed 7,500 mark respectively. Rupee also strengthened to 11 months high against US dollar. This is all because India gets its long waited single party government in the Lok Sabha election 2014. BJP led by Narendra Modi is the prime creator of this magic.
Sensex climed 1470 points to touch the all time high of 25,373.63 and ended on 24,121.74 points. Nifty also climed 440.35 points to hit 7,563.50 and ended on 7,203 points. 
Indian rupee today gets strengthened to 11 months high of 58.62 against US dollar and ended on at 58.79.
This entry was posted on Friday, May 16th, 2014 at 4:57 pm and is filed under Stock Market. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.