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Updated: 2 hours 58 min ago
However, the group chairman at Inditrade Group of Companies cautions that investors should tread cautiously given the sharp run-up.
Most exit polls forecast a majority for the ruling BJP-led NDA in Lok Sabha polls with varying numbers as the seven-phase polling in the general elections ended Sunday
Sources familiar with J&J's operations in India told Reuters, production at the plant, at Penjerla in Telangana, never began because of a slowing in the growth in demand for the products.
It will be interesting to see how the new government will generate additional revenues to fund populist schemes already announced without dampening the market mood.
Adani Enterprises, Adani Green Energy, Adani Gas and Adani Power were up 10 to 17 per cent on the BSE in intra-day trade.
The market is always looking for a courageous leader who is willing to risk short-term popularity for long-term economic benefits, says Angel Broking's Jyoti Roy
Mr Modi has proved more statist than the Gandhis. Before he took power he criticized Congress welfare programs as insulting to the poor but after coming to power he doubled down on those programmes.
"We see May 23 as a binary event and a decisive majority for the current government (NDA) would be viewed as the better outcome," said Lavina Quadros, Equity analyst at Jefferies.
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The domestic unit on Friday declined by 20 paise to close at 70.23 against the greenback.
"Update on China business will be key," analysts said
Higher volatility suggests that volatile swing could be seen in the Indian market as per the outcome.
Arresting an economic slowdown and nursing the nation's financial sector back to health will be the immediate priorities for the next administration
Increasing access to political information through the mass media may enable citizens to monitor incumbents' behaviour, and use this information in voting decisions
Huawei will continue to have access to the version of the Android operating system available through the open source license
909 posts on social media platforms were removed; 647 confirmed cases of paid news, says poll panel
While BJP profits from split voting, BJD still reigns in rural pockets
The exit polls gave 17-18 Lok Sabha seats out of 25 to the YSR Congress Party. Naidu's Telugu Desam Party (TDP) is slotted to get eight seats
As opposed to 34 seats in 2014, the TMC is likely to get 26 seats, according to India News-Polstrat
The NDA, which had amassed 42 seats out of 48 in 2014, is likely to settle down at 35 to 36, an average of eight polls suggests