Markets cheer PM Modi’s swearing-in; Sensex back at 40,000, Nifty at 12,000

mangaloretoday network

New Delhi, May 31, 2019 : Stock market gave a thumbs-up to PM Modi’s swearing-in with Sensex returning at 40,000 level while the Nifty was back at 12,000 mark, Zeenews reported.

 

Modi took oath for his second term as Prime Minister after leading the BJP-led National Democratic Alliance to a smashing victory in the 2019 Lok Sabha elections.

Minutes into trading the NSE Nifty was up 62.35 points or 0.52 percent at 12,008.25 while the BSE Sensex jumped 191.01 points or 0.48 percent at 40,022.98.