Election Financial News

Lok Sabha elections are facing backlash from voters.In Himachal and Punjab, turncoats from the Congress to the BJP are losing as Congress nominee Raja Warring leads in Ludhiana. At the same time, former Punjab CM Channi won by a huge margin in Jalandhar.Also Read: Lok Sabha Election Results 2024 Highlights Live Updates: Modi's exit is confirmed, says RJD; Congress leads on 98 seatsIn a post on X, Maneesh Chhibber, a journalist, wrote, “Voters deal blow to turncoats.

ALSO READ: Lok Sabha Election Results 2024 Live UpdatesMeanwhile, BJP's candidate from Mandi constituency in Himachal Pradesh – Kangana Ranaut – on 4 June said that BJP's results in the polls is due to the credibility and guarantee of Narendra Modi.Addressing the media, Ranaut said, as news agency ANI quoted, “We fought this election in the name of Narendra Modi. It is the result of his credibility and his guarantee and the faith of people in him that we are going to form the government for the third time..."ALSO READ: Kangana Ranaut Mandi Election Results 2024 Live UpdatesAccording to the ECI website, BJP is leading in all the four seats of Himachal Pradesh.ALSO READ: Lok Sabha Election Results 2024 Reactions LIVE UpdatesIn Mandi only, BJP's Kangana Ranaut is leading by 72853 votes against Congress' Vikramaditya Singh.In Hamirpur, BJP's Anurag Singh Thakur is leading by 177999 votes against Congress' Satpal Raizada.

Congress leader Priyanka Gandhi Vadra congratulated the party's Amethi candidate, Kishori Lal Sharma, as he appeared poised to secure victory in the Gandhi family stronghold. "Kishori bhaiya, I never doubted it for a moment; I was confident that you would emerge victorious from the start.

Amalapuram: TDP’s GM Harish (Balayogi) leading and YSRCP’s Rapaka Varaprasada Rao trailingAnakapalle: BJP’s C.M. Ramesh leading and YSRCP’s Budi Mutyala Naidu trailingAnanthapur: TDP’s Ambica G Lakshminarayana Valmiki leading and YSRCP’s Malagundla Sankar Narayana trailingAraku: YSRCP’s Gumma Thanuja Rani leading and BJP’s Kothapalli Geetha trailingBapatla: TDP’s Krishna Prasad Tenneti and YSRCP’s Nandigam Suresh Babu trailingChittoor: TDP’s Daggumalla Prasada Rao leading and YSRCP’s Reddeppa.N .

Election Results 2024 Live Updates: 'Sabak aam janata ne sikhaya' says INDIA bloc as BJP fails to cross halfway markEarlier in the day, Congress leader Jairam Ramesh on Tuesday urged Prime Minister Narendra Modi to resign. “He used to pretend that he was extraordinary.

Vaibhav Jain, Head of Content & Education, Share.MarketWe are seeing Nifty 50’s support at 21,700 and 21,100. Currently, the Nifty 50 is hovering around 22,000 and a close above 21,700 would be a good point to consider taking long positions.On the upper side, 22,800 acts as the first resistance where we might see some profit booking, post which all time high of 23,338 will be a crucial point to break to see further upside.Technically, Nifty will find support near 21,250, where the 200-DEMA is located, and resistance near 23,340 levels in the short term.In summary, the market's reaction to the election results has introduced significant volatility, with various analysts highlighting key support and resistance levels to monitor.

Catch Election Results 2024 Live Updates hereIndustrialist Harsh Goenka highlighted this discrepancy in a post on X. The RPG Enterprises’ Chairman pointed out that the Satta Bazaar had been more accurate in predicting the election outcomes than pollsters who rely on data, artificial intelligence (AI), and other analytical tools.Contrary to these technical experts, the people who put their money behind predictions in the Satta Bazaar made better predictions, he noted.“Satta bazaar far more accurate than pollsters using data analytics, AI, scientific research.

Catch LIVE updates of Lok Sabha Election Results The Congress-led United Democratic Front (UDF) is leading in 18 out of the 20 Lok Sabha seats in Kerala, while the Bharatiya Janata Party (BJP) and the CPIM (led) Left Democratic Front (LDF) is leading in one seat each in Thrissur and Alathur respectively, the Election Commission said on Tuesday as counting of votes progressed in the parliamentary elections.As per information posted on the Election Commission of India (ECI) website, Congress leader Rahul Gandhi and party's general secretary KC Venugopal are leading on their seats- Waynad and Alappuzha respectively.BJP's Suresh Gopi was leading with 400706 votes in Thrissur constituency with a margin of 73091 votes over V S SunilKumar of the CPI and Congress' Muraleedharan of the Congress who polled 319560 votes as per data on the poll body's website at 2 pm.Congress leader Rahul Gandhi was leading by 3,28,460 votes in Wayanad constituency over his nearest rival CPI's Annie Raja, as per Election Commission data. Congress sitting MP Shashi Tharoor took a lead over BJP's Rajeev Chandrasekhar in Thiruvananthapuram with 325896 votes and CPI's Pannian Raveendran in third spot, data by EC said.Congress' KC Venugopal was leading with 364811 votes against nearest rival AM Ariff of the CPI (M) while BJP's Sobha Surendran trailed in the third place.The polling in Kerala was held in single phase on April 26.

Congress party is set to cross 100 seats. This is the first time after 2014 that the party reached this remarkable feat.

And as per early trend, of 42 seats in Bengal, TMC is leading in 31, BJP in 10 and Congress in 1. For BJP, it is a 10 seat less from the 2019 Lok Sabha elections.

Catch LIVE updates of Lok Sabha Election Results 2024 LIVEThis brings to question, did BJP's Ayodhya Ram Mandir bid fail to impress voters?BJP is trailing by 9500 votes in Faizabad, and BJP leader Arun Govil is trailing by 19000 votes in Meerut.Amid much fanfare, JP and PM Narendra Modi has conducted the Pran Pratistha ceremony of Ram Lalla in the Ram Mandir in Ayodhya. A place of immense debate, the Ayodhya Ram Mandir was built decades after Kar Sevaks demolished the Babri Masjid in Ayodhya.

ANI quoted Kishori Lal Sharma as saying. He added, “However, let the counting conclude.

Also Read: Markets down 5%: Here's how Nifty has performed on previous election result daysThis political uncertainty has led to a sharp market downturn, with investors re-evaluating their positions in response to the unfolding political landscape. The shift in sentiment has underscored the market's sensitivity to political developments and the crucial role of stability in maintaining investor confidence.

NMDC Hindustan Copper share price fell 15-19% during the intraday trades leading to the fall in index.The Public Sector undertaking as National Aluminium Company (NALCO) , Steel Authority of India Ltd (SAIL), NMDC Hindustan Copper led the fall in the Nifty index. The Investor confidence that had remained high on public Sector undertaking as Nalco, SAIL, NMDC and Hindustan copper however got impacted with ruling Bhartiya Janta Party led National Democratic alliance not receiving the mandate as per expectations in the Lok Sabha 2024 elections as indicated by the early trends.Also Read- Multibagger PSU stocks including PFC, REC, RVNL fall up to 25%; Nifty PSE index hits 2-month lowThe other metal companies as Tata Steel, Jindal Steel and Power, JSW Steel, Hindalco Industries Vedanta Ltd , Hindustan Zinc Ltd share prices also saw sharp 6-9% fall and were not much behind the Public sector pack.The confidence on steel demand has remained strong in the country led by government led infrastructure spending and hence the Lok Sabha Election results outcome not meeting expectations meant that the investor sentiments were bound to get hurt, said an analyst at a domestic broking.The APL Apollo Limited share price also corrected more than 5%.

has offered Nitish Kumar the Deputy Prime Minister's post. LiveMint could not independently verify the report.Meanwhile, JDU shared a cryptic post on social media.

Nitin Gadkari on Tuesday was able to achieve a hat-trick as he cliched the Nagpur seat.

Government bonds and the rupee weakened sharply as the incoming results of the Lok Sabha election suggested a lower-than-expected majority for the ruling National Democratic Alliance (NDA), market participants said. Yield on the 10-year benchmark government bond jumped 9 basis points to trade at 7.03%, while the rupee shed 28 paise versus the US dollar to trade at 83.42/$1. Bond prices and yields move inversely. A rise of 9 basis points on the 10-year bond yield corresponds to a fall in price of around 63 paise.

TDP supremo N Chandrababu Naidu on Tuesday congratulated Prime Minister Narendra Modi and his cabinet colleague Amit Shah over the the NDA's impending victory in the Lok Sabha polls. PM Modi and Amit Shah in return congratulated Chandrababu Naidu on the grand victory of the NDA alliance in Andhra Pradesh, TDP sources said. Naidu dialled both leaders. The NDA, comprising TDP, BJP and Janasena Party in the state is heading towards a landslide victory by winning one seat and leading in 157 segments of the 175 member state assembly. The coalition also did well in the Lok Sabha polls, leading in 21 of the total 25 constituencies.

Uttar Pradesh, Mayawati-led Bahujan Samaj Party is trailing behind in all 80 Lok Sabha seats in Uttar Pradesh. Currently, the BSP has garnered about 1.92 per cent votes in the country and 9.16 per cent votes in Uttar Pradesh, as per Election Commission data.

Karnataka Congress leader DK Suresh conceded defeat to BJP's Dr CN Manjunath in the Bengaluru Rural Lok Sabha constituency. Suresh trailed by 253487 votes as per Election Commission of India's (ECI) latest update. Manjunath leads with a massive 1028966 votes, as against Suresh's 775479 votes.

Abhishek Banerjee, the national general secretary of the Trinamool Congress (TMC) and nephew of West Bengal Chief Minister Mamata Banerjee, is leading from Diamond Harbour by over 5 lakh votes. According to the latest trends from the Election Commission of India, Banerjee has secured 681,448 votes against his Bharatiya Janata Party (BJP) opponent Abhijit Das, who has received 176,652 votes.