Election Financial News

Indian stock market: On June 3, Sensex and Nifty 50 experienced notable gains not witnessed since January 2021. Investors displayed widespread buying activity across various sectors, departing from the cautious trading seen in the previous month. This surge in market momentum followed exit polls suggesting that the Lok Sabha election results might align with market projections, thereby bolstering investor confidence.Both indices reached new all-time highs, surging nearly 4 per cent each during the session.

Claudia Sheinbaum, former mayor of Mexico City, has been elected as the first female president of Mexico. She is anticipated to maintain the current administration’s approach to crypto regulation.

₹10,000 crore during the seven-phase Lok Sabha election that commenced on 19 April and concluded on 1 June. The seizures include cash, freebies, drugs, and liquor, were made during the 2024 polls as compared to ₹3,500 crore in 2019.CEC Rajiv Kumar said the poll panel will soon start the election process in Jammu and Kashmir.Over 90% of 495 complaints of Model Code of Conduct violations were disposed of during the 2024 polls, Kumar said.Nearly 400,000 vehicles, 135 special trains and 1,692 air sorties were used for conducting the 2024 Lok Sabha elections and only 39 repolls took place this year as against 540 repolls in 2019, he said.Before the seventh and last phase of the elections, most of northern and central India was in the grip of extreme heatwave conditions on 28 May with the mercury crossing 50 degrees Celsius in Rajasthan's Churu and Haryana's Sirsa and settling nine notches above normal in Delhi.On social media memes calling election commissioners ‘Laapataa Gentlemen’, inspired by the recent film ‘Laapataa Ladies’, Kumar said, “We were always here, never went missing".However, on most of the charges from opposition parties, the CEC said that it was a narrative aimed at “misleading" the election process.The CEC addressed the press conference a day after the INDIA bloc urged the poll panel to ensure that postal ballots are counted and their results declared before the outcome of the electronic voting machines (EVMs) is announced.During the previous Lok Sabha elections, deputy election commissioners used to hold media briefings after each phase.

Volkswagen India on Monday said it will offer six airbags across all variants of its 5-Star Global NCAP (GNCAP) safety-rated Taigun and Virtus models. Since the introduction of the India 2.0 product portfolio, the company said it is continuously enhancing its product offerings and has expanded its variant line-up, keeping in mind customer demand for its cars in India.

foreign direct investments (FDI) over the past three years was not limited to Karnataka, but the entire country.

Sikkim Krantikari Morcha (SKM) have elected incumbent Chief Minister Prem Singh Tamang as its chief ministerial candidate. Tamang stated in X, “Following the inaugural meeting of the newly elected legislators at Mintokgang, we formally submitted a resolution to the Governor, Lakshman Prasad Acharya Ji. The resolution, signed by all 30 newly elected legislators, has designated me as the leader of the Legislature Party and the Chief Ministerial candidate for the 11th Sikkim Legislative Assembly. I sincerely thank the esteemed legislators for their decision and the people of Sikkim for entrusting us with the responsibility to serve the state and its citizens once again”.

Cargo traffic across 12 major ports in the country increased by 3.75 per cent year-on-year in May to 72.04 million tones (MT) from 69.43 MT handled in the corresponding month of 2023 with nine such ports showing positive growth. Visakhapatnam Port registered the maximum cargo growth in cargo handling at 22.05 per cent during the reporting month followed by Chennai Port with 9.10 per cent, Cochin Port with 7.78 per cent and Mumbai Port with 5.89 per cent, according to data released by the major ports' apex body, Indian Ports Association (IPA).

Sally Buzbee has stepped down after three years as executive editor of The Washington Post, one of journalism's most storied brands

Adani Power Ltd (APL) on Monday said its arm Mahan Energen Ltd has approved a proposal to merge coal mining firm Stratatech Mineral Resources with itself which will help improve fuel security. Stratatech Mineral Resources, a subsidiary of Adani Enterprises, has been allocated Dhirauli Coal Mine in Madhya Pradesh. The coal mine is in close proximity to MEL's thermal power plant.

Kalyan Jewellers India on Monday announced the signing of the definitive agreement with Rupesh Jain, founder of www.candere.com (Enovate Lifestyles Pvt. Ltd) to acquire his residual 15% in Candere, a subsidiary of Kalyan Jewellers. This stake acquisition for consideration of Rs. 42 crore will result in Candere being a wholly owned subsidiary of Kalyan Jewellers, as it pivots from e-commerce to omni-channel commerce.

NYSE Equities said on Monday it was currently investigating a reported technical issue. It was not immediately clear what the technical issue was. The exchange operator said additional information would be provided as soon as possible.

Alphabet's Google said on Monday the completion of its data centre and cloud facilities expansion in Singapore meant it had invested $5 billion in its technical infrastructure in the Southeast Asian nation. The company said its data centres in Singapore employ over 500 people and are used to power services such as Google Search and Maps.

Venue : Nassau County International Cricket Stadium, New York Sri Lanka squad - Charith Asalanka, Kamindu Mendis, Pathum Nissanka, Angelo Mathews, Dasun Shanaka, Dhananjaya de Silva, Wanindu Hasaranga, Kusal Mendis, Sadeera Samarawickrama, Dilshan Madushanka, Dunith Wellalage, Dushmantha Chameera, Maheesh Theekshana, Matheesha Pathirana, Nuwan Thushara South Africa squad - Aiden Markram, David Miller, Reeza Hendricks, Tristan Stubbs, Keshav Maharaj, Marco Jansen, Heinrich Klaasen, Quinton de Kock, Ryan Rickelton, Anrich Nortje, Bjorn Fortuin, Gerald Coetzee, Kagiso Rabada, Ottneil Baartman, Tabraiz Shamsi Sri Lanka vs South Africa Live Score: Sri Lanka Kusal Mendis 6 (7) Pathum Nissanka 2 (5) South Africa Kagiso Rabada 0/7 (1) Sri Lanka vs South Africa Live Score: FOUR! First four of the game! Sri Lanka vs South Africa Live Score: Sri Lanka Pathum Nissanka 1 (4) Kusal Mendis 1 (2) South Africa Marco Jansen 0/2 (1) Sri Lanka vs South Africa Live Score: South Africa (Playing XI) - Quinton de Kock (WK), Reeza Hendricks, Aiden Markram (C), Heinrich Klaasen, David Miller, Tristan Stubbs, Marco Jansen, Keshav Maharaj, Kagiso Rabada, Anrich Nortje, Ottneil Baartman. Sri Lanka vs South Africa Live Score: Sri Lanka (Playing XI) - Pathum Nissanka, Kusal Mendis (WK), Kamindu Mendis, Sadeera Samarawickrama, Charith Asalanka, Angelo Mathews, Dasun Shanaka, Wanindu Hasaranga (C), Maheesh Theekshana, Matheesha Pathirana, Nuwan Thushara.

Election Commission said the Lok Sabha polls were an "electoral Marathon successfully run". It added, "Celebration of democracy with over 97 Cr electors, 1.5 Cr polling officials & 10.5 lakh polling stations."This is one of the many records set by the nation during the Lok Sabha Elections 2024. Here's a look at other milestones the country and the Election Commission achieved during the polls, along with some key takes aways shared by the EC on Monday.1. Voter was the "poll-star": The Election Commission said the total voters in the general elections 2024 were 1.5 times the voters of G7 countries and 2.5 times the voters of "27 EU countries in their last National Elections".

Motilal Oswal Financial Services Ltd.Also read: Exit polls predict Modi 3.0: Sharekhan lists top stocks for short and long term including ICICI Bank, SBI; check listConsidering the market's performance on the eve of the results announcement, most probably, the investors will continue their celebrations on June 4, as historical trends suggest.Livemint scouted the data on stock market performance trends on the day of the election results. We found that the outcome generally has minimal impact on long-term investors.The S&P BSE Sensex Index has consistently risen in the six months following the election results in each of the last four cycles, with a median return of over 11 per cent.The market indices Sensex and Nifty were up 0.77 per cent and 0.37 per cent, closing at 5,399.47 and 1,717.5, respectively.Sensex Intraday High: 5,487.34 | Sensex Intraday Low: 5,131.03Nifty Intraday High: 1,750.30 | Nifty Intraday Low: 1,625.10Sensex was up 2.53 per cent.

General Elections 2024: RVNL, SBI, GAIL and more - Motilal Oswal lists 8 technical stock picks after exit polls."I know that the stocks have rallied, and it bothers some; I am not saying that it is going to be a smooth ride for all stocks. We have downgraded a few stocks.

BJP will win up to 7 seats in Kerala - either they are suffering from heatstroke or they don't understand Kerala. Some of these exit polls are also laughable for other reasons.

Richard Wilson, CEO of interactive investor, argued the duty was a «pernicious tax that penalises listed companies that help put the ‘great' in British business and UK investors seeking to back them». Citing its own research, ii found that 82% of polled clients claimed removing stamp duty on UK shares would encourage greater investment in UK listed companies, while 57% of the cohort said it would «make them think twice» about investing in the UK in the future. General Election 2024 Blog: Rachel Reeves rules out additional tax rises Wilson said higher transaction costs due to stamp ...

Wall Street opened higher on Monday, lifted by semiconductor and megacap growth stocks ahead of a data-packed week. The Dow Jones Industrial Average rose 23.67 points, or 0.06%, at the open, to 38,709.99.

Lok Sabha elections result day on Tuesday, all senior leaders of the INDIA alliance have been called by Congress to stay in Delhi till tomorrow night or the day after tomorrow morning, as per the party's sources, reported ANI.

LeT) terrorists, including a self-styled commander of the outfit, were killed in an encounter with security forces in Jammu and Kashmir's Pulwama district on Monday, police said. Inspector General of Police, Kashmir, V K Birdhi said the ultras — identified as Riyaz Dar and Rayees Dar — were killed in the exchange of firing during a cordon and search operation in Nihama area of the south Kashmir district.