Indian Stock Markets soar over 17% today on Election Results. The comfortable win over elections by Congress led government made the investors sentiment happy. The trading in Indian stocks was halted 2 times, after the shares surged more than 17%, triggering market circuit breaker rules. The top gainers are Reliance Industries with 20.6% rise, ICICI Bank with 25.4% rise and Real Estate major DLF with 25.9% rise. But most stock analyst suggest that this rise in market is only for short term and the profit booking is advised. The BSE Sensex closed 17.3% higher at 14,284.21 and the NSE Nifty closed 17.7% higher at 4,323.15.
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