India Financial News
04.06 / 07:51
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Updates
Lok Sabha Election Results 2024: Shocker from Ayodhya as BJP trails in Faizabad, the seat that houses Ram Mandir
Bharatiya Janata Party candidate Lallu Singh in Faizabad Lok Sabha seat by over 3000 votes by 12.30 pm, the Election Commission of India said as the counting for Lok Sabha Elections was underway on June 4. Temple city Ayodhya, where the Ram Temple, falls under Faizabad seat, one of the 80 Lok Sabha seats of Uttar Pradesh.Prasad had bagged 15,1501 votes while his closest rival Singh was at 14,8143, as per the poll panel numbers.Follow Live Updates on Election Results 2024 HereIn January, Prime Minister Narendra Modi inaugurated the Ram Mandir in Ayodhya – an event which many saw would fetch electoral benefits to the BJP.Lallu Singh had won the seat in 2014 and 2019.INDIA bloc parties, the Samajwadi Party and the Congress, were leading on 41 of the 80 UP seats.
04.06 / 07:51
Election
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social
play
Nitish Kumar next PM? Memes start as Lok Sabha Result hints Bihar CM likely to play kingmaker's role
trends are to be believed.Also Read: Lok Sabha Election Results 2024: Will Nitish Kumar & Chandrababu Nadu play kingmakers if BJP falls short of 272?Nitish Kumar, who has a history of changing sides at key moments, may play a crucial role as the INDIA bloc becomes a massive force across the country. As of now, India is leading in around 230 seats, far away from the magic figure of 272.However, social media users are not missing this opportunity to take a humorous dig at Nitish Kumar as the BJP is unlikely to pass the magic number of 272 on its own.Many are speculating that the Janata Dal United (JDU) leader will switch again and shake hands with Rahul Ganhi’s Congress, in case he is offered the prime minister post.“If the BJP doesn't cross 272 alone, the NDA govt will be too unstable.
04.06 / 06:53
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Early trends shows Congress, INDIA allies’ tactics to tap incumbency issues making headways
Congress and the INDIA bloc allies, defying all the exit poll projections that had shown them far below the BJP-led NDA. The latest trends – with many more rounds of counting still to go – has put the INDIA bloc above 200 mark and the Congress itself hovering around 90 to 100 range, clearly some of the Opposition pre-poll moves seems to have worked for these parties even though BJP-led NDA is still ahead of the Opposition.
04.06 / 06:53
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PFC, REC, Adani stocks among top losers, share prices fall up to 20%
companies such as PFC, REC Ltd and Adani Ports suffered the worst hit in today's market mayhem which witnessed a massive selloff on the back of a poor showing by the Narendra Modi led NDA in the Lok Sabha elections, results for which were trickling in early in the day. PFC and REC Ltd fell nearly 20% to Rs 443.85 and Rs 485 respectively while companies like HUDCO, Adani Energy Solutions, Adani Green Energy, Titagargh Rail and Adani Total Gas also witnessed an over 15% crash so far in the day.
04.06 / 06:49
Election
Updates
Bihar Election Results 2024: BJP-JD(U) alliance gains momentum in Bihar elections
Also Read: Bihar Election Results 2024 Live Updates: NDA leading in 30, INDIA bloc in 7 Bihar constituenciesHow was the result last time?In the 2019 Lok Sabha elections, the NDA swept Bihar, winning 39 out of the 40 seats. The BJP won 17 seats, JDU claimed 16, and LJP took home 6 seats.
04.06 / 06:49
Citi
Provident
Mobile
Highways
Death
reports
Traffic
Double trouble: Road mobility in India is both unsustainable and unjust
That India has made impressive strides in expanding its road infrastructure is undeniable and very visible. Going by historical metrics, one can also possibly justify this expansion. After all, India has a mere 5.13km of road length per 1,000 people, against more than 20km in the US.
04.06 / 06:49
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play
Lok Sabha Election Results 2024: Will Nitish Kumar and Chandrababu Naidu play kingmakers if BJP falls short of 272?
Lok Sabha Elections 2024. From the 527 seats for which the trends are available, the BJP-led National Democratic Alliance (NDA) was ahead on 283 seats while the opposition INDIA bloc was leading on 221 seats. The others were ahead in 23 seats.
04.06 / 06:49
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Election Results 2024: Nifty Oil & Gas index cracks 10%; GAIL, Oil India, ONGC, HPCL share prices decline 10-17%, RIL 7%
GAIL Ltd , Oil and Natural Gas Corporation (ONGC), Hindustan Petroleum Corporation and Oil India limited , were among the prominent upstream oil and Gas producer saw its share price decline 10-17% in intraday trades. GAIL Ltd was the largets loser with 17% decline in share price.Among other counters Bharat Petroleum Corporations Ltd, Petronet LNG, Mahanagar Gas Ltd, Indian Oil Corporation Ltd were also among the significant losers with their share prices declining 8-10.Meanwhile the index heavyweights like the Reliance Industries share price also declined more than 6%The City Gas distribution companies as Gujarat Gas Ltd, Indraprastha Gas Limited share price also declined more than 6%.Also Read Crude oil prices drop nearly 8% in just 5 sessions to hit a 4-month low on worries over higher supplyThe uncertainty around the Lok Sabha Election results led to the fall in the share prices.
04.06 / 06:49
UPS
Provident
Software
Parke
Marvell
wellness
stars
This microcap robotics company has turned into a profit machine
robot or robotics, what’s the first thing that comes to mind? For many of us, it’s the iconic movie Robot starring Rajinikanth. One important takeaway from it was the potential impact of robots on human lives. The movie depicted a future in which robots could replace humans, and given the rapid advancements in robotics and AI, it's hard to deny that this fiction could one day be our reality.
04.06 / 06:49
Election
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Andhra Pradesh Assembly Election Results 2024: Trends show 'big gain' for TDP, majority mark crossed
Andhra Pradesh Assembly Election Results 2024: Early trends have shown “big gains" for the Telugu Desam Party (TDP) in Andhra Pradesh. The N Chandrababu Naidu-led party is leading in 127 of the 175 state assembly seats as of 11 am, according to Election Commission (EC) data. The TDP, in alliance with the Bharatiya Janata Party (BJP) and Pawan Kalyan-led Janasena Party, will likely form the Andhra Pradesh government.
04.06 / 06:49
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Lok Sabha Election Result 2024: Voting trends show big upset for BJP in Uttar Pradesh, Samajwadi Party leads in 34 seats
Lok Sabha Election Result 2024: As the counting of votes is underway, the Bharatiya Janata Party (BJP) appeared to be suffering surprising reverses in some Hindi heartland states, including in politically most crucial state of Uttar Pradesh.According to voting trends shown by the Election Commission, in Uttar Pradesh, which has 80 Lok Sabha seats, the BJP was locked in a neck and neck fight with the Samajwadi Party.At 11.05 am, the EC figures showed that the BJP was leading in 35 seats against SP's 34, with the opposition INDIA bloc alliance ahead in 42 seats.In 2019, the BJP had won 62 seats in the state. The Samajwadi Party had got five seats.
04.06 / 06:49
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Lok Sabha Election Results 2024: No 400-paar for BJP; Which exit poll got closest so far?
Catch Live Updates of Lok Sabha Election Results 2024Most exit polls predicted a massive victory for PM Modi's BJP. Most post-poll surveys forecast 350-370 seats for the NDA and 107-140 seats for the Opposition's INDIA bloc.Will NDA achieve its target of winning record 400 seats in the 2024 Lok Sabha polls?Axis My India predicted that the NDA might be able to achieve their goal of ‘400 paar’, creating a record for the number of seats won by an alliance in the Lok Sabha ever.Axis My India exit poll predicted 322-340 seats for the BJP – up from 303 seats it won in the 2019 Lok Sabha Elections – and 39-61 seats for its allies.
04.06 / 06:49
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Varanasi results 2024: Narendra Modi leads by 60000 votes after Jairam Ramesh's ‘trailer’ jibe
Narendra Modi, but now is trailing in the constituency. ALSO READ: Election Results 2024 Live UpdatesEarly trends shows Ajai Rai is now tailing by over 60000 votes in the Varanasi constituency.
04.06 / 06:49
Citizens
Fixed deposits: Top 6 banks offer highest interest rates on their 5-year FDs
fixed deposits (FDs), one of the key motivations for investors is to earn as high an interest as possible. The rate of interest varies not only from bank to bank but from tenure to tenure.The unwritten rule is that shorter the tenure, lower the interest rate.
04.06 / 06:49
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Odisha election result 2024: Will BJP end Naveen Patnaik's 24-year rule? Early trends show PM Modi's party in lead
needs to win 74 seats in the 147-member Odisha assembly to form the government in the state.Follow Assembly Election Results 2024 AP, Odisha Live Updates hereNaveen Patnaik has been the chief minister of Odisha since 2000. If re-elected this time, Patnaik would assume power for the sixth term and may go on to become India’s longest-serving Chief Minister, breaking former Sikkim CM Pawan Kumar Chamling’s record.
04.06 / 06:49
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Stock market crash, Poll Results 2024: Experts suggest 9 stocks to add to your watchlist if BJP falls short of majority
Stock market today: After the Lok Sabha election results are not coming in tune with the exit polls, the Indian stock market is under sharp sell-off pressure. The Nifty 50 index has fallen around 1000 points, the BSE Sensex has tanked around 2800 points, and the Bank Nifty index has crashed over 2800 points during Tuesday deals.
04.06 / 06:49
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Indian bond yield sees biggest spike in 8 months on uncertainty over election results 2024; 10-year yield above 7%
Also Read: Investors lose ₹20 lakh crore within first 20 mins of trade as election race gets tighter than what exit polls predictedThe trends in the election results showed that Prime Minister Narendra Modi’s National Democratic Alliance (NDA) was leading, but with an unclear margin. The trends were not in-line with the exit polls, which indicated a thumping majority for the BJP, leading a sharp rally in the Indian stock market on Monday.
04.06 / 06:49
SUN
Landmark
Nestle
Pharmaceuticals
Emami, Phoenix Mills & others hit 52 week high today ; Do you own any?
Bank Nifty was down by -2152.5(-4.22%) at 04 Jun 2024 10:44:55 IST.Other stocks such as Tata Elxsi, Atul, HDFC Life Insurance Company, Landmark Cars, LTI Mindtree hit their fresh 52 wk lows today.
04.06 / 06:13
Election
Southern
film
trends
country
Updates
Karnataka Election Result Winner List 2024: BJP-JD(S) or Congress, who is winning and losing in Lok Sabha Elections? Here is full list
counting of votes has started in various parts of the country. In the southern party of India, NDA is leading as Congress who is currently in power at assembly level trails behind.
04.06 / 06:13
markets
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Gap
Election
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Trade
Tube Investments stock price down 1.12 per cent as Sensex slides
Tube Investments of India Ltd. fell 1.12 per cent to Rs 3796.5 at 11:41AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 10,771 shares with a turnover of Rs 4.07 crore till 11:41AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 60.72, while the price-to-book value ratio stood at 18.18.
04.06 / 06:13
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Fighting
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Healthcare
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FMCG, healthcare stocks defy markets with spirited fight back, gain up to 4%
Sensex and Nifty tanked nearly 4% to the day's low of 73,659.29 and 22,389.85 respectively on Tuesday, with early trends suggesting a fightback by the India alliance albeit a majority mark for the NDA alliance, certain sectors managed to hold themselves as others witnessed a free fall. While Sensex slipped from Monday's closing of 76,468.78 by 2809 points on the intraday basis, the broader Nifty witnessed an 874 point fall to 23,263.90.
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