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The S&P BSE Sensex opened nearly 400 points higher on the back of gains in banks, capital goods and banks, as the market rejoiced BJP's victory in recently held assembly elections. Rally in global markets following better economic data in the US also boosted sentiment.
The BJP has got a majority in Haryana and will form the government for the first time in the It has emerged as the single largest party in Maharashtra but will have to patch-up with old ally Shiv Sena to form a government.
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