Sensex surges 370 points as exit polls predict NDA to form stable govt

Last Updated: May 13 2014 | 2:06 PM IST

Mumbai, May 13 (ANI): The BSE Sensex surged 370 points and the 50-share Nifty jumped over 100 points and traded over 7,100 levels for the first time, hitting an all time record high for a third successive session on Tuesday. The Sensex jumped the mark after most exit polls projected a win for Narendra Modi-led National Democratic Alliance (NDA) in the 2014 general elections that concluded on Monday. The BJP-led NDA is projected to win between 249 and 340 seats, according to six exit polls. If the exit poll projections come true, India might be heading for a stable government under Modi, something investors have been rooting for.

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