Sensex jumps 623 points on euphoria over Modi win
May 24, 2019  17:16
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Equity benchmark indices extended gains in the afternoon session on Friday and jumped 1.6 per cent after Prime Minister Narendra Modi-led coalition won an absolute majority in the recently held General Elections.


Investors were cheerful on hopes that Modi 2.0 will pursue business-friendly policies and fast track several innovative mega missions to boost economic growth.


At the closing bell, the BSE S&P Sensex was up 623 points at 39,435 while the Nifty 50 gained 187 points to 11,844.At the National Stock Exchange, all sectoral indices were in the green with PSU banks elevated 5.6 per cent and realty 4.4 per cent.
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