The BJP government's main focus during the last five years has been on developing the infrastructure sector.  Majority of exit polls predicted a clear victory for the BJP-led National Democratic Alliance (NDA).

On the counting day of May 16, 2014, the BSE Sensex surpassed the psychological level of 25,000 for the first time, hitting a lifetime high of 25,375.63 after result showed the NDA was all set to form the next government

Larsen & Toubro's Chairman AM Naik is hopeful of group's standalone market capitalisation reaching Rs 3 lakh crore in five years on account of strategic initiatives like L&T NxT.

Named after his granddaughter 'Nirali', who died in 2007, Naik has set up Nirali Memorial Trust as well as the Nirali Memorial Radiation Centre in Surat to help other cancer victims

The latest stock purchase was made at Rs 979.99 apiece; the infrastructure major is eyeing up to 66 per cent stake in Mindtree for around Rs 10,800 crore

Buoyed by exit poll results, the Sensex rose 1,421 points or 3.75 per cent to close at 39,352, posting its highest single-day gain in the last ten years

Exit polls predicting Modi government to return to power on May 23 has propelled the markets upwards, with buying interest in infrastructure, banking and auto stocks. India VIX, that was highest at 28 on 16 and 27 May, has fallen down to 22 today.

BSE Sensex is up 1445.67 points or 3.81 per cent at 39,376.44 and NSE Nifty is trading up by 420.70 or 3.69 per cent at 11,827.85, in the last hour of trade.

The USD 20 billion conglomerate, which has taken its overall holding in Mindtree to about 26 per cent, will launch the open offer to buy additional stake in around 10 days

L&T had purchased around 20 per cent stake of V G Siddhartha and Cafe Coffee Day in Mindtree through a block deal for about Rs 3,210 crore, and has since topped that up with share purchases from the open market

Infrastructure major Larsen and Toubro (L&T) has acquired 1,168 shares of Mindtree from the open market, taking its overall holding in the mid-sized IT company to 25.94 per cent, according to a regulatory filing.

Markets Live: While Sensex is trading 263 points higher at 37,354, Nifty is up 83 points to 11,231.70. Sun Pharma, Vedanta and ICICI Bank were the top gainers on Sensex. Tata Steel, Bajaj Auto and Asian Paints were the top losers on Sensex.