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Markets Upbeat With End Of Election Uncertainty

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Finally, we are done with the general elections. Now is the time for all sorts of permutations and combinations and to speculate on who will get which ministry and which party will benefit the most from its alliance with the ruling party. The market has already, to an extent, factored in that Narendra Modi will get a second term as Prime Minister. Echoing positive investor sentiments, the benchmarks index BSE Sensex posted a mammoth single-day gain of 1,422 points on Monday after the exit poll results were out on Sunday.

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