The BSE Sensex surged over 300 points, while the broader Nifty advanced over 1 per cent on Monday. The Indian rupee rose over 0.5 per cent to an 11-month high of 58.48 per dollar.<br /><br />The Sensex and Nifty have rallied sharply betting on a Modi win and now that the BJP has won a majority on its own, there are hopes of quick reforms and a turnaround in India's economy. Unlike his predecessors, Mr Modi will not have to deal with unruly partners as he implements reform. That could usher in profound economic changes, analysts say.<br /><br /><br />For More information on this news visit : http://www.newsx.com/<br />Connect with us on Social platform at : http://www.facebook.com/newsxonline<br />Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive
