Election Financial News

Coal India, M&M, Adani Ports, ABB, HPCL, and Hindalco.Midcaps: Indian Hotels, Godrej Properties, Global Health, KEI Industries, PNB Housing, Cello World, and Kirloskar Oil.Read here: ICICI Bank, SBI, L&T, among 15 stock picks by Motilal Oswal after exit pollsWe believe the small-cap and mid-cap stocks (SMID) can take a breather in the new term after a rally led by election results. Moreover, the laggard large-cap stocks are at a good tactical positioning.Among sectors, we like Real Estate, Industrials, and Power from a long-term perspective.

PTI on Monday that over 2,000 personnel would be deployed in the north-eastern state of Mizoram to proceed with the vote-counting process for the state's lone Lok Sabha seat.“A three-tier security arrangement has been made in all the 13 counting centres across the state," Chief Electoral Officer (CEO) Madhup Vyas said. In the state capital, Aizawl, there would be three counting centres and one in each of the other district headquarters.There will be 40 counting halls equipped with 379 tables.

₹11.44 crore from the primary markets. 3C IT Solutions IPO is an SME IPO which will close on June 7.The company offers various IT products and services under 3 segments i.e.

₹558 per share. Similarly, REC, another power financing stock, soared by 11.70% to achieve a fresh record high of ₹600 per share.

Poll of Polls: 10 exit polls predict 350+ seats for BJP-led NDA, three 400+; INDIA bloc to get less than 200 seatsThe Indian stock market experienced high volatility last month due to the Lok Sabha election. While most experts expected the NDA to retain power at the Centre, the market was nervous amid speculations that the ruling alliance might not secure a strong majority. With exit polls indicating a solid majority win for the NDA, the stock market appears to have shrugged off election-related jitters.Also Read: Exit Poll 2024: How to trade keeping Lok Sabha Election results in mind?Experts are optimistic about the Indian stock market's medium—and long-term prospects.

mass rigging’ in the process for counting of votes in the Lok Sabha Elections 2024, claiming that the ‘Candidate’s Counting Agents’ would not be allowed at the Assistant Returning Officer’s (ARO) table for the first time. The Office of the Chief Electoral Officer of Delhi, however, responded to Maken’s allegation clarifying that the ‘Counting Agents’ are allowed at tables of Returning Officers and Assistant Returning Officers.

India recorded nearly 25,000 cases of suspected heat stroke and 56 fatalities due to multiple heatwave days across the country from March to May, according to government data. The month of May has been particularly harsh for the region, with temperatures in the capital Delhi and the nearby state of Rajasthan reaching up to 50 degrees Celsius (122 degrees Fahrenheit).

Ahead of the June 4 results of Andhra Pradesh Assembly Election 2024, India Today-Axis My India exit poll has projected a thumping win for the TDP-BJP-JSP alliance in the state. According to the exit poll, the Andhra Pradesh Assembly Results are likely to see the alliance winning as many as 120 out of 175 seats in the state Assembly. In terms of the breakup, while Telugu Desam Party is predicted to win 55-77 seats, ‘Power Star’ Pawan Kalyan’s JSP is projected to win 16-18 seats and the BJP is likely to bag up to two seats in Andhra Pradesh. On the other hand, incumbent YSR Congress is predicted to win 55-77 seats.

Mamata Banerjee, Jadavpur, represents a prestige battle for the TMC, as West Bengal stepped into public life as a giant killer from here after defeating CPI(M) veteran Somnath Chatterjee in 1984.

«I think the entire sugar, ethanol, etc, story and the ecosystem around it that is where I think we could see significant wealth creation again over the next couple of years,» says Sandip Sabharwal, asksandipsabharwal.com. What is the best way now to take advantage of the current setup? Best way is to hold on to your horses and not try to do much, not try to go all in if you have some cash today itself because contrary to what was the expectation of a few and that is what I said over the last couple of months, people seem to be unnecessarily bearish, my view was not bearish in the sense that the view was not that the governments suddenly going to change and some new dispensation is going to come up.

land slide victory for Narendra Modi-led National Democratic Alliance (NDA). Another victory would cement Modi as one of the country's most popular and important leaders.

Also Read: Stock market today: Nifty 50, Sensex hit all-time highs. Exit polls 2024 to GDP data - 4 reasons why market is soaringIf the present government retains power, Sen expects macroeconomic and financial stability is likely to be prioritized, which he believes is vital for continued macro growth and corporate earnings.

toll fee adjustment is an annual revision linked to changes in the Wholesale Price Index (WPI)-based inflation. "The new user fee will come into effect from 3.6.2024," a senior NHAI official was quoted as saying by a news agency on Sunday.This means that motorists across nearly 855 user fee plazas on the national highway network where a fee is levied will have to shell some more money to cross over.

Himanta Biswa Sarma has said that the Congress leader Rahul Gandhi shaves or grows his beard based on his advice. Sarma, who switched to the Bharatiya Janata Party (BJP) from the Congress in 2025, also questioned the ‘red’ book that Rahul Gandhi carried during election campaigns.In an interview with News Nation channel, Biswa recalled when he commented on Rahul Gandhi's long beard, during the ‘Bharat Jodo Yatra’ in 2022 by comparing his looks with former Iraqi dictators Saddam Hussein.

Bank of Baroda leading the charge with a notable gain of 7%, followed closely by Bank of India with a rally of 4.7% and SBI with a solid 5% increase. Also Read: Indian Stock Market: Exit polls sentimental positive for capex stocks: JefferiesAdditionally, stocks such as Canara Bank, Indian Bank, Punjab National Bank, UCO Bank, Punjab & Sind Bank, Union Bank of India, Indian Overseas Bank, Bank of Maharashtra, and Central Bank of India all posted gains ranging between 3% and 4.9%.The majority of exit polls indicated that the BJP-led NDA alliance will comfortably secure between 350 and 390 seats of the 543 seats in the Lok Sabha, the lower house of India’s Parliament.A party or coalition needs 272 seats in parliament to form a government.

Stock market today: The frontline indices surged during early morning deals in response to the Lok Sabha Election 2024 results. Most of the Exit Polls predicted a third term for the Narendra Modi government, which ended on Saturday last week.

Stock market today: After the end of Lok Sabha Election 2024 on Saturday last week, and most of the Exit Polls predict the third term for the Narendra Modi government in New Delhi, the Indian stock market is expected to remain volatile on Monday. On Friday last week, frontline Indian indices ended marginally higher after erasing most of its early morning losses.

7.8%, taking the annual figure to a neck-turning 8.2%. Internationally, there is growing optimism that India is on the cusp of a long-awaited economic take-off, as evidenced by the recent revision in our sovereign-credit outlook from ‘stable’ to ‘positive’ by S&P Global Ratings, even if the actual credit rating remains barely investment grade (for now). While revising India’s GDP growth upwards by close to 2 percentage points for 2023-24, the International Monetary Fund’s (IMF) April 2024 World Economic Outlook alludes to the robustness of growth expected in 2024 and 2025 as “reflecting continuing strength in domestic demand and a rising working-age population." It may be tempting to conclude from all this that India has reached what development economist W.W.

will win at least 350 Lok Sabha seats in the just-concluded national election, making for a clear majority in Parliament that would allow for policy and fiscal continuity. When the Election Commission of India announces the voting results on 4 June, the markets will be tracking the margin of victory for the NDA, and not wondering about a possible loss, said Nirmal Jain, founder of financial conglomerate IIFL Group. The government that takes charge once the results are officially announced has its task cut out, Jain said.

Read the full story here.)Sensex Today Live : Indian shares are set to open higher on Monday with analysts expecting gains in infrastructure, capital goods and manufacturing stocks, after exit polls over the weekend projected a third term for Prime Minister Narendra Modi's government.The Gift Nifty was trading at 23,353 points as of 7:05 a.m. IST, indicating that the Nifty 50 will open higher than its Friday's close of 22,530.70.The Nifty 50 and S&P BSE Sensex dropped about 2% each last week ahead of the election result, which is due on June 4.Exit polls released on Saturday projected the Bharatiya Janata Party-led National Democratic Alliance will likely get a two-thirds majority in the 543-member lower house.Indian stock futures jumped early on Monday and the rupee rose as exit polls pointed to a third term and sizable mandate for Prime Minister Narendra Modi, whom investors hope will spend on infrastructure and manufacturing to keep economic growth going.NIFTY 50 index futures were up about 2.7% in early trade and, at 23,350, indicated the index could touch new peaks when the cash market opens.

Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to two government officials familiar with the matter.