With today's rally the Sensex has now gained a staggering 1500 points on hopes that the NDA government under Narendra Modi would get a clear majority after most exit polls predicted the same.

11:15 am: After hitting a lifetime high of 23,996 points markets have given up some gains. Sensex is now up 294 points at 23,945 points.

10:58 Sensex hits a new record of 23,997 points.

10:30: Oil and gas stocks are on fire on diesel price hike. HPCL, ONGC, Gail are up 4-45 per cent.

10:00 am: PSU banking share are trading higher on hopes that NDA government will push through the reforms process.

9.30 am IST: The Bank Nifty has hit another record high propelled by names like State Bank, Yes Bank and Federal Bank.

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