Greek vote fails to derail Europe's ECB-driven share rally
* Athens stocks fall 1.8 pct after anti-austerity Syriza win
* FTSEurofirst 300 up 0.2 pct, ECB rally rolls on
* Investors take profit on Greek uncertainty
* QE optimism contains damage in markets (Updates with detail, quotes, latest prices)
By Blaise Robinson and Alistair Smout
PARIS/LONDON, Jan 26 (Reuters) - Greek stocks fell in volatile trade on Monday after anti-austerity party Syriza swept to victory in Sunday's election, while European equities kept rising on the European Central Bank's bond-buying plan.
Athens's ATG index was down 1.8 percent at 1043 GMT, led lower by banking stocks such as Piraeus Bank, down 10.4 percent, and Alpha Bank, down 6 percent, with investors taking a cautious stance as Greece's new leftwing leader Alexis Tsipras was set to form a new government.
Greek shares briefly turned positive in volatile trade before turning lower again, after Tsipras struck a deal with a right-wing party to form a government to confront international lenders and reverse years of painful austerity following a crushing election victory by his Syriza party.
"Today the news is that there is a government, which gives some reassurance. We said volatility will be the theme of the day and definitely it will be up and down," said Vangelis Karanikas, head of research at Euroxx Securities in Athens, who added that a second round of elections would have been the worst case scenario. Continuación...