The Sensex too soared to reach 29,561.

93 in early morning trade as the

Bombay Stock Exchange opened after a three-day holiday and for the first
time since results of the five-state assembly polls were announced on
Saturday. The Sensex had touched an all-time high of 30,024.74 in 2015.

Modis win strengthened his claim to a second term in 2019, and investors
are betting it will embolden the ruling Bharatiya Janata Party (BJP) to
embark on more reforms including launching the countrywide goods and
services tax passage of labour and land acquisition bills.