Amid rising anticipation of a stable BJP-led Government coming to power at the Centre, stock markets put a record-breaking show on Monday with the Bombay Stock Exchange (BSE) benchmark Sensex surging more than 556 points and ending at a new closing high of 23,551 and the National Stock Exchange (NSE Nifty) at 7,014.25.
Though the lok Sabha poll results are to be announced on May 16, the markets on Monday rose mainly on the anticipation of exit polls predicting an overwhelming majority to the BJP-led coalition at the Centre. Intra-day, the Sensex rallied to an all-time high of 23,572.88, surpassing previous high of 23,048.49 and the Nifty touched 7,020.75, breaking the earlier high of 6,871.35.