SENSEX RAISED - 2110.79
NIFTY RAISED - 651.5
It was a historic day on the Indian stock exchange as the market hit two upper circuits today and trade was halted on the NSE and BSE for the entire day. The market seemed euphoric with the positive poll results over the weekend. The market hit the first upper circuit of 15% in just 30 seconds and the second upper circuit of 5% at 11.55am in 10 seconds flat! Sensex shut shop today at 14284, up 2110 points and Nifty at 4323, up 651 points from the previous close. CNX Midcap was up 12.1% andBSE Smallcap was up 9%. The market breadth was positive with advances at 206 against 1 decline on the NSE. Total volumes traded today on the NSE+BSE were Rs 3100 crore and F&O were Rs 2833 crore. Experts believe the rally could continue in the near term and FII flows are likely to gush into India. While the global scenario has not changed, India could outperform in the emerging markets.