India Stocks Soar As Polls Point To Modi Election Win

(@ChaudhryMAli88)

India stocks soar as polls point to Modi election win

Indian shares soared 3.75 percent on Monday -- the biggest jump in nearly six years -- as markets greeted exit polls indicating conservative Prime Minister Narendra Modi secured a new term in a general election

Mumbai, (APP - UrduPoint / Pakistan Point News - 20th May, 2019 ) :Indian shares soared 3.75 percent on Monday -- the biggest jump in nearly six years -- as markets greeted exit polls indicating conservative Prime Minister Narendra Modi secured a new term in a general election.

The Bombay Stock Exchange's Sensex index ended at a record high 39,352 points while the Indian rupee also strengthened to 69.63 to the Dollar from its Friday closing of 70.22.