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In reply to the discussion: STOCK MARKET WATCH -- Friday, 16 May 2014 [View all]xchrom
(108,903 posts)6. Modi wins India's election with a landslide, early results show
http://uk.reuters.com/article/2014/05/16/uk-india-election-idUKKBN0DV1Y320140516
(Reuters) - Opposition candidate Narendra Modi will be the next prime minister of India, with counting trends showing the pro-business Hindu nationalist and his party headed for the most resounding election victory the country has seen in thirty years.
Modi's landslide win was welcomed with a thundering rally on India's stock markets and raucous celebrations at offices across the country of his Bharatiya Janata Party (BJP), where supporters danced, exploded fireworks and handed out sweets.
Prime Minister Manmohan Singh, whose Congress party headed for a crushing defeat, telephoned Modi to congratulate him on his success, the prime minister's office said.
Crowds surged around Modi's car after he visited his mother's home in the western state of Gujarat. He sent a message saying "India has won," that instantly set a record as the country's most retweeted Twitter post.
(Reuters) - Opposition candidate Narendra Modi will be the next prime minister of India, with counting trends showing the pro-business Hindu nationalist and his party headed for the most resounding election victory the country has seen in thirty years.
Modi's landslide win was welcomed with a thundering rally on India's stock markets and raucous celebrations at offices across the country of his Bharatiya Janata Party (BJP), where supporters danced, exploded fireworks and handed out sweets.
Prime Minister Manmohan Singh, whose Congress party headed for a crushing defeat, telephoned Modi to congratulate him on his success, the prime minister's office said.
Crowds surged around Modi's car after he visited his mother's home in the western state of Gujarat. He sent a message saying "India has won," that instantly set a record as the country's most retweeted Twitter post.
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