Mumbai, May 23: Following the initial trends giving clear mandate to the BJP  and NDA, key Indian equity market indices on Thursday opened to a record high, with the Sensex touching the 40,000 mark and the Nifty going past the 12,000 mark for the first time in history of the markets. Lok Sabha Elections 2019 Results LIVE News Updates.

The initial trends coming in even as the counting of votes for the 2019 Lok Sabha Elections is underway gives a massive lead to the Bharatiya Janata Party (BJP) led NDA at Centre. The trends show the BJP led NDA winning anywhere between 330 to 350 seats and comfortably forming the government again. Sensex Crosses 40,000 Mark as Lok Sabha Elections 2019 Results Indicate The Return of Narendra Modi as Prime Minister.

The NIFTY 50 index is National Stock Exchange of India's benchmark broad based stock market index for the Indian equity market. Full form of NIFTY is National Stock Exchange Fifty.

The benchmark BSE Sensex rallied nearly 800 points and the National Stock Exchange (NSE) Nifty grew by over 200 points and reached their respective record highs in the early trade Thursday, reported news agency PTI.

(The above story first appeared on LatestLY on May 23, 2019 01:52 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).