Sensex hits a new high after BJP wins majority in 3 states and leads in Delhi
Sensex raised more than 485 points today after the declaration of election results. Stock market was already high after the opinion polls announced the victory of BJP in 4 states.
But after results, the market in hope of Modiwave have seen a big jump and reached a record level.
I believe the projection of pulkit is right, and we may see stock market touching those numbers after 2014 elections.
The effect can be felt now. Gold is down and stock market is up. A good sign for markets. People are liquidating gold and investing in Market.
Its Modiwave everywhere, people want to vote for modi, markets want modi, businessman wants modi.
Projection are based on BJP winning the 2014 elections with majority seats.