Equity market India showed record growth rates

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Against news about a victory of ruling party on elections in several states, the Indian share indexes showed the highest dynamics for the last 14 months and reached historical record indicators on Monday. The NSE Nifty 50 index rose by 2,07% to a mark in 20686,80 points while S&P Global Inc BSE Sensex grew by 2,05% to 68865,12 points. Actions of the leading Indian companies, such as Reliance Industries Ltd, Icici Bank Ltd and HDFC Bank Ltd, also showed growth at the level of 1-5%. On local elections Bharatiya Janata Party won a victory in three of four states that testifies about...
Analysis
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S&P Global Inc
Main activity:Printing services
106
BJP
Political ideology:Indian nationalism, Hindu nationalism, Pravocentrizm, social conservatism, Integrated humanity.
2
HDFC Bank Ltd
Organizations
4
ICICI Bank Ltd
Organizations