Sensex hits 25K on BJP win; pares gains on profit-taking

Mumbai: Creating history, the Sensex on Friday surpassed the 25,000-mark on trends indicating a clear majority for Narendra Modi-led BJP in Lok Sabha polls before retreating on massive profit-booking to end at 24,121.74, a record close.

The 30-share index, which had a solid run in the past few days, surged 1,470 points to hit a new life-time high of 25,375.63 in early trade fuelled by hopes that BJP government would fast-track reforms and accelerate economic activity.

However, the index started losing momentum later and briefly slipped into negative territory to touch low of 23,873.16. Frittering away significant portion of its gain on profit booking, the Sensex nevertheless concluded at a new closing peak of 24,121.74, a gain of 216.14 points or 0.90 percent. This surpasses its closing of 23,905.60 on Thursday.

2014 Lok Sabha elections results

01:36 PMNitish Kumar's house, JD(U) office wear deserted look

01:34 PMBhojpuri star-turned politician Manoj Tiwari wins from Northeast Delhi

01:31 PMCongress's Mohammad Kaif 'clean bowled' in Phulpur

01:29 PMBJP leader Uma Bharti wins from Jhansi

01:27 PMLok Sabha Speaker Meira Kumar loses from Sasaram, Bihar

01:25 PMPrime Minister Manmohan Singh calls Narendra Modi and congratulates him on his party's victory in the Lok Sabha elections. Manmohan Singh will resign tomorrow

01:24 PMElection results: Maharashtra rejects Congress-NCP

01:24 PMBJP leader Murli Manohar Joshi leading by over 78,000 votes against Congress candidate Sriprakash Jaiswal in Kanpur

01:24 PMSelection of unfit candidates to blame for DMK’s debacle in Lok Sabha elections: Alagiri

01:21 PM"We are winning in areas where we have never won before. Credit goes to Narendra Modi, RSS:"

- L K Advani

01:15 PM"I wish the new government well; I wish the new Prime Minister well"

- Jayalalithaa

01:15 PMAAP leader Yogendra Yadav congratulates BJP's prime ministerial candidate Narendra Modi for leading his party to victory in the Lok Sabha election

2014 Lok Sabha election live streaming: Trends will be in by 11am on Friday, final results by 4pm

The 2014 Lok Sabha election results will be out by 4 pm on 16 May, said the Election Commission(EC). The counting of votes will start at 8 am, first by taking the postal ballots, the EC officials stated.

India held the general elections in nine phases from 7 April till 12 May, and the counting of the votes will take place in a total of 989 centres. The EC stated that about 50 foreign delegates from 20 countries are being facilitated to witness the Lok Sabha elections.

The counting of votes from Electronic Voting Machines (EVMs) will start after half-an-hour of the counting of the postal ballots starts. Even if the postal ballots takes longer time to count, the counting of EVM votes will start exactly at 8.30 am, the EC said.

Lok Sabha election results LIVE

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9:50 am Narendra Modi wins from Vadodara. Latest trends/results (486/543): BJP+ 293 seats, Congress+ 74 seats, AIADMK 18, BSP 9, SP 13, Left 13, JDU 1, AAP 1, Others 41. 

9:40 am First result – RLD leader Ajit Singh has lost against former Mumbai police commissioner Satyapal Singh of the BJP. 

The stock markets have also joined the party with the Sensex crossing 25,000 mark. Rahul Gandhi slips to number 3 in Amethi; Smriti Irani is leading, followed by Kumar Vishwas of AAP. 

9:05 am: Big trends now available (393/543) - BJP+ ahead in 205 seats, Congress+ 96 seats, AIADMK 13, BSP 7, SP 9, Left 16, JDU 1, AAP 1, Others 30. 

Key Candidates: 

Leading: Narendra Modi, Harsh Vardhan, Vinod Khanna, Meenakshi Lekhi, Kirron Kher, Rajnath Singh, Sanjay Nirupam, Varun Gandhi, Amarinder Singh, Smriti Irani, Ghulam Nabi Azad, Rajyavardhan Singh Rathore, VK Singh, LK Advani, Uma Bharti, Sonia Gandhi, PA Sangma, Sachin Pilot, Hema Malini, Dimple Yadav, Dushyant Singh, Babul Supriyo, Ashok Chavan, Misa Bharti, Chirag Paswan, Nitin Gadkari, Dr Dharamvira Gandhi, Hukum Singh, Rakhi Birla, HD Deve Gowda, Supriya Sule, Murli Manohar Joshi, Manoj Tiwari, Shahnawaz Hussain, Rameswar Teli, Kalyan Banerjee, Jyotiraditya Scindia, Jaswant Singh, Mapanna Mallikarjun Kharge, SS Ahluwalia, Kirit Somaiya, Rajiv Pratap Rudy, Poonam Mahajan, Sumitra Mahajan, Mahesh Giri, Ramakant Yadav, Ram Vilas Paswan, Shrikant Shinde, Anbumani Ramadoss, Paresh Rawal 

Trailing: Rahul Gandhi, Arvind Kejriwal, Mulayam Singh Yadav, Meenakshi Natarajan, Sharad Yadav, Naveen Jindal, Veerappa Moily, Kapil Sibal, Nanadan Nielkani, Meira Kumar, Ajay Maken, Ashish Khaitan, Anjali Damania, Balbir Saini, Bappi Lahiri, Arun Jaitley, Tushar Chaudhary, Bhaichung Bhutia, Preneet Kaur, Maneka Gandhi, Gul Panag, Mani Shankar Aiyar, Priya Dutt, Farooq Abdullah, Pratibha Singh, Dayanidhi Maran, Shashi Tharoor, A Raja, Praful Patel, Mukul Balkrishna Wasnik, Rabri Devi, Medha Patkar, Sandeep Dikshit, Pawan Kumar Bansal, Karia Munda, Ambika Soni, HS Phoolka, Vaiko, Chhagan Bhujbal 

8:45 am Latest trends (235/543) - BJP+ ahead in 147 seats, Congress+ 60 seats, BSP 2, AIADMK 5, BSP 4, SP 6 Others 11. 

Narendra Modi is ahead from Varanasi and Vadodara. Sonia Gandhi is ahead in Rae Bareli. Former army chief VK Singh, Hema Malini and Uma Bharti are leading in Ghaizabad, Mathura and Jhansi respectively. Congress' Shashi Tharoor is trailing from Thiruvananthapuram. 

8:16 am Latest trends available for 42 of the 543 Lok Sabha seats – BJP+ ahead in 28 seats, Congress+ 8 seats, BSP 1, AIADMK 2, Others 3 

8:05 am First trends: BJP+ ahead in 3 seats , Congress+ in 1 seat. 

8:00 am: Counting of votes have begun at 989 centres spread across 28 states and seven union territories. Nearly 8,000 candidates in the fray for the 543 seats in the Lok Sabha. 

7:25 am: Congress confident that exit polls would go wrong. “We are sure that the exit polls will be proved wrong again,” said Meem Afzal, party spokesperson. 

7 am 'Man of the moment' Narendra Modi will watch the results from his residence in Gandhinagar. If the results turnout to be on expected lines, he will first go to party office in Ahmedabad and then proceed to Vadodara for victory celebrations. 

'PM' Modi will come to Delhi tomorrow and also visit Varanasai the same day. 

6:50 am Battleground Varanasi: While the BJP seems to be only interested in the victory margin of Narendra Modi from Kashi, his opponents in the electoral war remain confident of upsetting the calculation. Congress'Ajay Rai said that Varanasi will reject 'outsider' Modi. Aam Aadmi Party candidate Arvind Kejriwal will also reach the city by 11 am, reports said. 

6:40 am The first trends on the way India has voted will emerge by 8:15 am, a definitive indication will emerge by 9:30 am. The nation is waiting with anticipation to know the fate of Narendra Modi as Elections 2014 has been about his attempt to reclaim Delhi for the BJP. 

6:30 am While counting of votes will begin only at 8 am, upbeat BJP workers have started to celebrate in anticipation of a victory in Lok Sabha polls 2014. Party cadre in Kanpur from where Murli Manohar Joshi is in the fray have started the day by bursting crackers. 

Massive preparations have also been made at the party headquarters in Delhi. Sweets and firecracks have been ordered in huge quantities to add punch to the celebrations. 

Also Read: Lok Sabha polls: Why No 16 is important? 

In less than two hours from now the EVM machines will start to reveal how India voted in Lok Sabha polls 2014. While the odds are heavily stocked in favour of Narendra Modi-led Bharatiya Janata Party (BJP) and the larger NDA, as exit polls have gone wrong in the past, there hangs a sense of uncertainty, though muted, about how the final tally will sit. 

Also Read: BJP president Rajnath Singh to address press conference today

Elections 2014 witnessed the highest ever voting percentage with 66 percent (551 million) of the 814 million electorate having voted between April 7 and May 12 to pick 543 Lok Sabha members from the nearly 8,000 candidates in the fray in 28 states and seven union territories. 

Rs 3,426 crores were spent on the largest-ever electoral exercise in the world conducted by the Election Commission. 

Also Read: Nitin Gadkari confident of winning from Nagpur 

Also Read: Kiran Bedi hails 'PM' Narendra Modi, says it seems Indian democracy groomed him 

The counting of votes will begin at 8 am at 989 centres. An army of officials drawn from the central and state governments will first count the postal ballots and then proceed to count the votes collected in 18,78,306 electronic voting machines (EVMs). A three-tier security cover is in place as a total of 13,626 police personnel are being deployed for security duties. 

Also Read: Arvind Kejriwal to arrive in Varanasi at 11 am 

Though trends for individual seats will be available within minutes, a larger trend will become visible within couple of hours. The websites of the Election Commission and the Chief Electoral Officer’s office will be updated at the end of every round. The final results are expected to emerge by late afternoon. 

Also Read: Factbox - India's general election in numbers

The BJP and its allies have been favoured to get a clear majority of over 272 seats in the 543-member Lok Sabha. 

Narendra Modi, the man around whom the elections were largely centered, will be in his residence in Gandhinagar all through the initial hours of counting even as massive preparations are under way in Delhi and other cities to celebrate the victory. 

The jubilation will have special flavour in Vadodara and Varanasi, the two constituencies from where he contested. 

Key candidates: 

Narendra Modi (Varanasi, Vadodara), Rahul Gandhi (Amethi), Sonia Gandhi (Rae Bareli), Rajnath Singh (Lucknow), LK Advani (Gandhinagar), Mulayam Singh Yadav (Etawah, Azamgarh), Arun Jaitley (Amritsar), Kapil Sibal (Chandini Chowk), Hema Malini ( Mathura), Milind Deora (South Mumbai), Arvind Kejriwal (Varanasi), Nitin Gadkari (Nagpur), Sushilkumar Shinde (Solapur), Supriya Sule (Baramati), Farooq Abdullah (Srinagar), Anurag Thakur (Hamirpur), BC Khanduri (Garhwal), Yogendra Yadav (Gurgaon), MM Joshi (Kanpur), Satyapal Singh (Baghpat), Rabri Devi (Saran), Raghuvansh Prasad Singh – Vaishali, Adhir Ranjan Chowdhury - Baharampur, Tapas Pal - Krishnanagar, Tapan Sikdar - Dum Dum, Sudip Bandyopadhyay- Kolkata North, Abhishek Banarjee - Diamond Harbour, Mohammad Kaif – Phulpur, Beni Prasad Verma - Gonda 

LOK SABHA ELECTION RESULTS 2014 LIVE

Lok Sabha elections 2014 results will be out on Friday and exit polls have predicted a BJP-led NDA government headed by Narendra Modi to assume office. We are going to bring you the live coverage of Lok Sabha Election 2014. The exit polls predicted huge losses for the ruling Congress-led UPA with worst show by Congress since 1977. The Lok Sabha election results will bring to an end the nine-phase elections – the longest ever in Indian history. Congress fought the 2014 Lok Sabha Elections elections under Rahul Gandhi who played a key role in selecting the candidate and campaigned actively for Congress candidates all over the country.

Narendra Modi, who contested the elections from Vadodara and Varanasi spearheaded the BJP campaign and struck a chord with the crowd from the beginning. But his presence failed to move the voters in Tamil Nadu where the saffron party is not going to win a single seat as per the exit polls. The big gains for the BJP come from Uttar Pradesh, Bihar, Gujarat and Madhya Pradesh and party is hoping to win big in these states to compensate for the loss in South. Arvind Kejriwal’s Aam Aadmi Party (AAP) failed to make impact as expected. It remains to be seen what is the road ahead for the smaller parties after the 2014 Lok Sabha election results are declared on May 16. Keep watching this space for live updates on Lok Sabha Elections 2014 results.