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Tory election victory provides market rocket fuel

May 8, 2015, 20:38 IST

David Cameron's Conservative Party beat the polling odds to win a majority in the House of Commons today and the City of London loved it.

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The FTSE 100 opened up over 2% on early signs that the Tory's would remain in power and the index has managed to hold on to the gains throughout the day.

The FTSE 250 also surged a record new high of 18158.62.

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