"A strong government in center will help in pushing through long pending policy decisions around FDI, taxation and long term investments"
11 days 16 hrs 50 min 38 sec
We bring our live blog to a close with a final comment from PM-in-waiting Narendra Modi who is addressing a crowd in Vadodara. "Acche din aane waale hain," he says.
11 days 17 hrs 9 min 43 sec
The big question in front of the market is: who will be the FM in the wake of Arun Jaitley? Some speculation says the BJP may select a technocrat as the FM.
11 days 17 hrs 18 min 59 sec
Missed out on D-St party? Don't fret, you still can join in: http://www.moneycontrol.com/news/market-outlook/missed-outd-st-party-don39t-fret-you-still-can-join-in_1087307.html
11 days 17 hrs 23 min 56 sec
Here's some non-election news. The Railways has announced a 10 percent across all passenger fares.
11 days 17 hrs 30 min
Meanwhile, "I will not congratulate Modi. I am not afraid of him," RJD supremo Lalu Yadav says.
11 days 17 hrs 44 min 56 sec
"But 8-9% GDP growth is not happening for three-four years," according to Sharma.
11 days 17 hrs 52 min 42 sec
"I don't think Narendra Modi will have a problem with RBI governor Raghuram Rajan," says Sharma.
11 days 17 hrs 55 min 13 sec
Comparisons begin with aplomb. Morgan Stanley's Ruchir Sharma likens Modi's win to the rise of Ronald Reagan in the US.
11 days 18 hrs 11 min 6 sec
A total of 28 stocks on the Nifty hit 52-week highs today. Read here: http://www.moneycontrol.com/news/buzzing-stocks/election-impact-28-stocksnifty-at-52-week-high_1087117.html
11 days 18 hrs 30 min 52 sec
"There is a lot for us to think about.": Rahul Gandhi.
11 days 18 hrs 31 min 32 sec
"As vice president of the party, I hold myself responsible for the result.": Rahul Gandhi.
11 days 18 hrs 33 min 1 sec
Sonia and Rahul Gandhi are about to address a press conference.
11 days 18 hrs 41 min 16 sec
Isn't it time for a mea culpa from our intellectuals, asks Firstpost's R Jagannathan http://www.firstpost.com/politics/modis-win-isnt-it-time-for-a-mea-culpa-from-our-intellectuals-1526759.html
11 days 18 hrs 56 min 17 sec
"India and BJP's message to the World -- we're back and were open for business again." That's Andrew Holland of Ambit Capital.
11 days 18 hrs 57 min 49 sec
PM-to-be Narendra Modi about to make a statement.
11 days 19 hrs 9 min 23 sec
"We believe the BJP led government will provide an environment conducive for growth & investments, with major reforms in infrastructure & renewable energy sector," says Suzlon chief Tulsi Tanti.
11 days 19 hrs 19 min 56 sec
But Mehraboon Irani believes the trend will be higher on a fundamantal basis.
11 days 19 hrs 23 min 7 sec
Technical analyst Sudarshan Sukhani has some bad news. "Monday will be choppy. I see the market trend lower over the next few months."
11 days 19 hrs 32 min 31 sec
The market has closed, higher but far less than one would have expected. About 1 percent rise for the Sensex, Nifty. The total market turnover was third highest ever.
11 days 19 hrs 34 min 34 sec
Three international brokerages UBS, Macquarie and Deutsche have pegged the Sensex 2014 target at 28,000.