Markets shoot up as BJP gets 3 states in Hindi heartland; ZPM wins Mizoram

The Nifty and Sensex hit an all-time high on Monday as investors, already buoyed by the strong macroeconomic data, responded positively to BJP's victory in three assembly polls. BJP's clear majority in Madhya Pradesh, Rajasthan and Chhattisgarh state elections further fuelled the positive sentiment built up last week regarding robust macroeconomic numbers and unabated foreign fund inflows. In other news, Mizoram is all set to see a new Chief Minister as ZPM crossed the majority mark in the Assembly polls.