Don't get carried away by the surging stock market, warn analysts; sayu00a0 changes that investors and corporate are yearning for will not happen overnight

Sixty seconds of trading and whoooosh! Shares breached the upper limit yesterday as the Sensex rose 1,950 points, the most allowed in a single session.

Analysts and financial consultants put it down to political solidity combined with hopes of an economic revival. Here's what some of them had to say about the surge:

Harish Bijoor, political analyst: "The election outcome has given a boost to the capital goods and infrastructure stocks. Hopes of a pick-up in government spending have brought cheer to these sectors. As per estimates, India needs $ 500 billion by 2012 to upgrade its airports, roads and inadequate utilities."

Gaurav Dharma, financial analyst: "In times such as these when there is the temptation to get carried away and go with the flow, it always makes sense to step back and do a reality check. While I don't want to sound like a party pooper, the fact remains that the changes that investors and corporate are yearning for will not happen overnight."