Sensex hits a record high on Modi's polling day

Indian markets surged over 2.2 per cent at the closing session on Monday led by strong capital inflows and widespread buying by retail investors ahead of the exit poll results after market hours today.Investors are hoping that the exit polls would show Bharatiya Janata Party (BJP) and its allies winning a majority in the current elections.A win for a BJP-led coalition is widely seen as setting the stage for a revival in confidence, investment and growth as the country steers through a rough patch.Foreign institutional investors (FIIs) bought shares worth Rs 1,268.78 crore, as per provisional data from the stock exchanges.


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