Election Financial News

05.06 / 08:19

markets Manufacturing Election Healthcare Trade show performer Avoid ‘narrative’ stocks, focus on fundamentals, says Kotak Institutional post Lok Sabha election results

Read here: Dabur India, Godrej Consumer Products & others hit 52 week high today ; Do you own any?In the near term, the brokerage expects a reset in the market’s hitherto cavalier investment stance toward ‘narrative’ stocks."We have struggled with the implied growth and profitability assumptions embedded in the market cap. of several ‘narrative’ stocks (capital goods, electric utilities and PSUs).

05.06 / 08:19

markets security Election Trade stage rowing PSU meltdown continues: Stocks extend bearish streak for 2nd day; Bharat Dynamics hits 10% lower circuit

Also Read: Dabur India, Godrej Consumer Products & others hit a 52-week high today ; Do you own any?Despite the soaring prices, investors had not relented, anticipating a strong mandate for the BJP. They expected the robust capital expenditure to persist, further benefiting PSU stocks.

05.06 / 08:19

UPS Election DAL Lok Sabha Election Results 2024: Congress remains sole achiever of '400 paar' in Rajiv Gandhi era with 414 seats

Also Read | Lok Sabha Election Results 2024: 5 factors that didn't work for PM Modi and BJPHowever, it struggled in Andhra Pradesh, West Bengal and Punjab and failed to win any seats in Sikkim, Tripura, and Dadra & Nagar Haveli in 1984.In 1989, the Congress lost power with 197 seats, and a Janata Dal coalition formed the government.Also Read | Lok Sabha Election 2024 Results Int'l Reactions LIVE: US, Maldives Prez Muizzu, Italy PM Meloni congratulate ModiEven during its dominant early years of post-independence, Congress' highest seat tally was 371 in 1957. The party won over 300 seats in 1951-52, 1957, 1962, and 1971 but dropped to 154 seats post-emergency in 1977.

05.06 / 08:19

markets UPS Manufacturing Election Food film Trade 3 stocks that promoters bought during the market crash post election result

election-induced volatility to Modi's ultimate victory... a lot has changed in the past two trading sessions. On Monday this week, Indian benchmark Nifty 50 surged topped the 23,000 level, while the BSE Sensex crossed the 76,000 level.

05.06 / 08:19

security Election Trade Celebrity Updates Lok Sabha Elections: Congress' Kishori Lal Sharma credits win to public support after beating Smriti Irani in Amethi

Congress Member of Parliament from Amethi, Kishori Lal Sharma, celebrated his electoral triumph, emphasizing the role of public support in his victory. Addressing the media shortly after his win, Sharma expressed gratitude towards the electorate, stating, "This is the victory of the public."Speaking about Smriti Irani's defeat, Sharma said, "Winning and losing goes on, one had to win and the other had to lose.

05.06 / 08:19

security Remark Election show performer reports Odisha Elections: BJP ousts Naveen Patnaik's BJD after 24 years in power in Assembly. Here's what went wrong

Assembly elections 2024, the BJP secured victory with 78 seats while BJP could win only 51. Other paties like Congress won 14 seats, CPI(M) won 1 and Independent secured 3 seats. In the 2019 assembly elections, the Naveen Patnaik-led party had won 113 seats.In the 2024 Assembly elections, Patnaik had contested from Hinjili and Kantabanji seat of of which he won only from the Hinjili Assembly Constituency with 66,459.

05.06 / 08:19

markets Target Align Election Nestle wellness FMCG stocks likely to see valuation re-rating, says Emkay Global; upgrades HUL, Nestle; cuts ITC share price target

Also Read: When mkt crashes, defensives like HUL, Nestle, Hero stand tallMarket expectation prior to election results was on pro-infrastructure measures, which were perceived to benefit consumption, again with a lag. However, analysts now believe that the current seat tally of ruling Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) will keep the government on its toes with pro-consumption initiatives being key.

05.06 / 08:19

UPS Target Election Equality Updates Lok Sabha Elections Results 2024: Modi failed to equal THIS Nehru record as he sets for 3rd term as PM

Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) winning 293 seats in the 543-member Lok Sabha Elections 2024. Modi will be the second Prime Minister after Jawaharlal Nehru to come to power in India for three straight terms.Modi, however, failed to equal Nehru in another aspect of elections. Nehru had won an outright majority in his third election held in 1962.

05.06 / 08:01

Cooper Election President Celebrity stage country "Badhaai Ho!": Israel, China, Italy, and other world leaders celebrate PM Modi's 2024 Lok Sabha victory

China on Wednesday congratulated Indian Prime Minister Narendra Modi following his election win, adding it was «ready to work» with its neighbour.

05.06 / 08:01

FIVE Election wellness stage 2020 Chirag Paswan: Ram Vilas' son to be the next Dalit icon of Bihar?

Chirag Paswan's capability as a politican as well as being a 'real' political heir of his father Ram Vilas Paswan, who died in 2020.

05.06 / 08:01

markets Election Moodys stage reports consolidation Modi govt's fiscal consolidation pace post-Covid worse than peers? Moody's report flags weaker fiscal, debt metrics

Moody's rating agency has highlighted that India's fiscal consolidation pace post-Covid has underperformed compared to its peers, including emerging markets in the Asia-Pacific region.

05.06 / 08:01

markets Manufacturing Election Research wellness band reports ITC among 18 large and midcap ideas from Motilal Oswal's post-election anxiety

valuations like industrials, PSU, defence and banking may turn attractive again from a risk-reward perspective, domestic brokerage firm Motilal Oswal said today while giving out a list of 18 large and midcap stock ideas following election results. From the large cap category, the brokerage firm has picked stocks like ICICI Bank, ITC, HCL Tech, Coal India, L&T, M&M, Ultratech, CIFC and Hindalco.

05.06 / 07:15

UPS BLOCK Progressive Racing Election 2020 District attorney in Alec Baldwin's case wins New Mexico Democratic primary race

An incumbent district attorney pursuing an involuntary manslaughter charge against Alec Baldwin has fended off a Democratic challenger in New Mexico’s primary election to ensure her reelection

05.06 / 05:55

MET Platform security Election social politician Election Results 2024: Why former CEA Basu advocates for Chandrababu Naidu's exit from the NDA

Lok Sabha Election Results 2024 LIVE UpdatesDr Basu commented that he found two qualities particularly impressive: Chandrababu Naidu's efficiency and commitment to secularism. He hopes Naidu continues to embody these qualities and opts to withdraw from the NDA at this time.Dr Basu took to microblogging platform ‘X’ on Wednesday, June 5, and said, “Chandrababu Naidu was among the few politicians I met before I had any govt connection & was a professor in Delhi. He invited me for a 1-on-1 policy chat.

05.06 / 05:55

Election DAL performer reports Lok Sabha Election results 2024: What if Naidu, Nitish ask for the unthinkable from Modi 3.0?

National Democratic Alliance (NDA) looks set for a third term with 293 seats in the 543-member Lok Sabha. The Bharatiya Janata Party (BJP) bagged 240 seats, short of the 272-seat majority. This leaves the saffron party scrambling for support from two of its allies, Chandrababu Naidu and Nitish Kumar.

05.06 / 05:13

UPS security Election show Updates Chandrashekhar Azad – The Dalit face who partook in upending BJP in UP during Lok Sabha Elections 2024

Catch LIVE updates of Lok Sabha Election Result with Mint The Dalit face of UP crown had always been held by Mayawati's Bahujan Samaj Party. However, on Tuesday, Lok Sabha Election result 2024 counting showed that Chandrashekhar Azad received 51.19% of the votes in west UP seat dominated by Muslims and Dalits, BSP was placed fourth at 1.33%.Chandrashekhar Azad won from Nagina, a Scheduled Caste-reserved constituency of western UP, by a margin of over 1.51 lakh votes. Azad defeated Bharatiya Janta Party (BJP) 's Om Kumar, whose vote share fell to 36%.The BSP candidate Surendra Pal Singh received only 1.33% of the votes, significantly lower than the Samajwadi Party's (SP's) Manoj Kumar, who had a vote share of 10.22%.

05.06 / 05:13

security Election Delhi Lok Sabha Election Result: BJP repeats 2019 ‘clean sweep’ verdict but with low margins

Lok Sabha elections 2024. The Election Commission of India declared BJP candidates Ramvir Singh Bidhuri, Praveen Khandelwal, Bansuri Swaraj, Harsh Malhotra, Manoj Tiwari, Kamaljeet Sehrawat, and Yogender Chandoliya winners on June 4.

05.06 / 04:29

markets UPS Strategy Election Experts show NOT Average fund managers not data-driven; their biases hurt investors, says Devina Mehra of First Global

Elections 2024 & Stock Markets: ‘Stop predicting, start…’ says Deepak Shenoy of CapitalmindMehra further wrote that for most people, it is virtually impossible to ignore their incentives or political biases and look at data objectively."Whether blinded by their biases or incentives, these reversals show that your average fund manager is not fact—or data-driven. Eventually, this also shows up in the performance—which hurts you, not them, Mehra wrote.In another post on X a week ago, Mehra said she remains positive about the Indian stock market in the medium term.However, she pointed out that the market may see volatility in the short term.

05.06 / 04:29

UPS Cooper Remark Election performer Italian PM Giorgia Meloni congratulates Narendra Modi on 3rd Lok Sabha election victory, PM reacts

Lok Sabha Election Results 2024 LIVE UpdatesThe Italian Prime Minister further added that both nations will cooperate on various issues that bind the two nations and are for the well-being of the people."Congratulations to @narendramodi on the new electoral victory and my warmest wishes for good work. Certain that we will continue to work together to strengthen the friendship that unites Italy and India and consolidate cooperation on the various issues that bind us, for the well-being of our Nations and our peoples," Italian PM Meloni said in a post on X.Reacting on the warm wishes, Prime Minister Modi replied, “Thank you for your kind wishes PM@GiorgiaMeloni.

05.06 / 04:29

markets Target FIVE SUN Election Experts recommendations Election stocks to buy or sell: Sun TV to Pidilite — Sumeet Bagadia recommends five breakout stocks today

Stocks to buy or sell: After the disappointing Lok Sabha Election 2024 results, the Indian stock market witnessed a heavy bloodbath on Tuesday. The Nifty 50 index witnessed the worst-ever intraday loss in over four years, as the 50-stock index crashed 1379 points and finished at 21,884.

05.06 / 04:13

FIVE security Dreams Election wellness Updates Lok Sabha Election Result 2024: BJP clean sweeps THESE five states but falls short of simple majority

Lok Sabha Elections: The Bharatiya Janata Party (BJP) secured 240 seats in the Lok Sabha elections, falling short of a simple majority of 272 seats. However, the BJP-led National Democratic Alliance (NDA) comfortably crossed the majority mark of 272 seats, emerging as the largest alliance in the Lok Sabha.According to the Election Commission of India (ECI), despite aiming for 370 seats on its own and more than 400 with its allies, the BJP won 240 seats.

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