Markets cheers Modi victory: Sensex crosses 40,000

New Delhi, May 23: The BSE S&P Sensex is at 40,062 while the Nifty 50 gained 286 points to 12,028. At the National Stock Exchange, all sectoral indices were in the positive zone.Sensex up by more than 600 points as early trends show a return to power of NDA Government.Yesterday, the equity benchmark indices ended the session with minor gains amid volatile trade as investors remained cautious on the eve of general elections outcome.