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Exit Polls Favoring Opposition Add to Indian Stock Market Rally …

Indranil Mukherjee/Agence France-Presse — Getty ImagesA stock trader monitoring share prices in Mumbai, Maharashtra, on Monday.MUMBAI, India — The benchmark Indian stock market indexes rose to a third consecutive record on Tuesday after exit polls forecast that the opposition Bharatiya Janata Party would win with a large majority, making Narendra Modi, a leader with a business-friendly reputation, the next prime minister […]

Indian Stock Markets Hit Record High on B.J.P. Victories – NYTimes …

Amit Dave/ReutersSupporters of Bharatiya Janata Party celebrating outside the party office in Ahmedabad, Gujarat, on Sunday.The Indian stock markets hit record highs on Monday after the opposition Bharatiya Janata Party, perceived as a more business-friendly party by investors, performed well in four state elections.The Sensex index surged 487 points to 21,483.74 points, beating its previous record of 21,321.53 on Nov. […]