Election Financial News

Week Ahead: Q4 Results, F&O expiry, Lok Sabha elections, global cues among key market triggers this weekAccording to Ajit Mishra, SVP of research at Religare Broking, the market's buoyancy over the last two weeks has countered the previously bearish sentiment. The Nifty is expected to move toward the 23,150-23,400 range soon.Also Read: Poll fever grips D-Street: Nifty 50, Sensex post biggest 2-week gain in 5 months; Will the bull run sustain post-June 4?"In the event of a dip, the 22,550-22,800 zone is expected to provide strong support.

₹1,85,320.49 crore in market valuation, with Reliance Industries Ltd and HDFC Bank leading the surge, reflecting a broader rally in equities.The BSE benchmark soared by 1,404.45 points, or 1.89%, and the 30-share BSE Sensex reached an all-time intraday high of 75,636.50 on Friday.Among the top-10 most-valued companies, only ITC lagged behind.Also read: Week Ahead: Q4 Results, F&O expiry, Lok Sabha elections, global cues among key market triggers this weekReliance Industries' market valuation increased by ₹61,398.65 crore, reaching ₹20,02,509.35 crore. HDFC Bank saw a rise of ₹38,966.07 crore, bringing its valuation to ₹11,53,129.36 crore.

COVID-19 vaccine when he was president and for not doing more to stop public health restrictions on the unvaccinated during the pandemic.When Trump took to the stage in Washington, there were loud boos and jeers. A smaller section of the crowd, Trump supporters, cheered him.Shortly before he appeared, one Libertarian Party member shouted: "Donald Trump should have taken a bullet!"Trump's campaign did not immediately respond to a request for comment about the hostile reception.Trump, who was president between 2017 and 2021, immediately mentioned the total 88 felony charges he faces in four federal and state prosecutions."If I wasn't a libertarian I am now," he said.

(This story originally appeared in on May 26, 2024)

Congress leader Shashi Tharoor slammed the BJP, saying that if the party comes to power again at the Centre, democracy will be in danger in the country. «If BJP forms the government this time, democracy will be in danger. If we want to save the country, the BJP will not have to be allowed to come to power again at the Centre. That's why I am asking for votes for Charanjit Singh Channi,» Tharoor told reporters here as he was in the state to campaign for former Punjab CM Charanjit Singh Channi, who is contesting from Jalandhar Lok Sabha constituency as Congress candidate. Tharoor alleged that the BJP wants to polarize voters on the basis of religion.

Sri Lanka's powerful Rajapaksa clan, which suffered political battering due to the country's worst economic crisis in 2022, will launch its political comeback bid on Sunday by targeting the impending elections. Former president Gotabaya Rajapaksa, ex-prime minister Mahinda Rajapaksa and former finance minister Basil Rajapaksa were ousted from power during anti-government protests following the crippling financial and political crisis in 2022. The ruling Sri Lanka People's Front of the Rajapaksas, commonly known by its Sinhalese name Sri Lanka Podujana Peramuna (SLPP), will hold a public rally later in the day in the north central rural town of Thalawa, party member and former minister SM Chandrasena told reporters.

Delhi witnessed a significant turnout of women voters, reflecting diverse backgrounds and concerns, in the ongoing Lok Sabha elections. With over 69 lakh women among the 1.52 crore voters in the city, their participation is crucial in shaping the electoral outcome. From the outskirts to the heart of the city, women of all ages were seen queuing up outside polling stations, dressed in a variety of attire ranging from colorful saris to kurtis and western wear. Their reasons for voting varied, showcasing the diversity of perspectives and priorities among women voters. Influential Factors Driving Women's Decisions

Mark Mobius, Chairman, Mobius Emerging Opportunities Fund, says that there are lots of steam left in the global market, and we are seeing a lot more interest in equities globally, particularly in the US, and that helps India as well because if people are making a lot of money in the US, they want to diversify globally. They want to put their eggs in more baskets. And one of the most important baskets now is India. Mobius further says that India is a huge market and there are lots of opportunities for global investors.They are going to take advantage of that opportunity. I wanted to glean out a bit because overall we have seen that there has been a shift towards China as well because the valuations there were fairly comfortable. For you, I see that it is still one of the least preferred countries in terms of your geographical portfolio breakdown. What is the thesis there? Are you looking at perhaps increasing the weights in China and even the US for that matter is fairly underweight at just 9%? Mark Mobius: Yes, we are looking at China again now and you have seen that the Hong Kong market has had a pretty good recovery.

Top Events on May 26: India is all set to witness various political, international, technological, and sports events on Sunday. Congress leaders Mallikarjun Kharge and Rahul Gandhi will address poll rallies in Odisha. South Korea, China, and Japan will hold their first trilateral summit today.

recorded their biggest two-week winning streak in the last five months amid the election rally gripping the pulse on D-Street. Nifty 50 and Sensex reclaimed their record highs and gained around two per cent this week logging their best week in three months.

Rishi Sunak gave his most senior ministers little more than an hour's notice of what he was about to tell the country and had already told King Charles III, that he had decided to call a snap UK general election for July 4. Chancellor of the Exchequer Jeremy Hunt was among those caught unaware. Foreign Secretary David Cameron, who'd had to cancel a visit to Albania just to make the meeting in Downing Street, expressed surprise, but said the decision «seizes the initiative, sets the agenda and forces the choice,» according to people familiar with the conversation.

China's engagement in the global system of commerce was roundly criticised by Group of Seven finance chiefs in a show of unity accompanied by a threat of further escalation. The club of rich-world ministers and central bankers concluded its gathering in the Italian lakeside town of Stresa on Saturday with a communique that cited the world's second-biggest economy by name and accused the country of hurting the economies of its trade partners.

voter turnout of 54.03 per cent was recorded in Uttar Pradesh where polling took place for 14 parliamentary constituencies in the sixth phase of the Lok Sabha elections. According to the Election Commission of India's Voter Turnout app, Allahabad recorded 51.75 per cent turnout, Ambedkar Nagar 61.54 per cent, Azamgarh 56.12 per cent, Basti 56.66 per cent, Bhadohi 53.03 per cent, Domariyaganj 51.94 per cent, Jaunpur 55.52 per cent and Lalganj 54.39 per cent. The voter turnout in Machhlishahr was 54.43 per cent, Phulpur 48.97 per cent, Pratapgarh 51.60 per cent, Sant Kabir Nagar 52.63 per cent, Shravasti 52.76 per cent and Sultanpur 55.60 per cent. The polling percentage in the Gainsari assembly bypoll was 51.10 per cent.

castes from West Bengal, included in the Central List of Other Backward Classes (OBCs) by Congress-led UPA government before 2014 parliamentary elections, are now under the scanner of National Commission for Backward Classes (NCBC) and some may be delisted. The move follows the order of Calcutta high court invalidating all OBC certificates issued by West Bengal government after 2010. Speaking to ET, NCBC chairman Hansraj Gangaram Ahir said, «We are scrutinising the Central List of OBCs to check if there are certain castes common in Central and State list.

voter turnout of 61.41 per cent was recorded till the end of polling in the four Lok Sabha constituencies in Jharkhand at 5 pm on Saturday, officials said. Voting, which commenced in Giridih, Dhanbad, Ranchi and Jamshedpur constituencies at 7am as part of the third phase of elections in the eastern state and sixth round nationwide, was peaceful. Giridih registered the highest polling at 64.75 per cent, followed by Jamshedpur (64.30 per cent), Dhanbad (58.90 per cent) and Ranchi (58.73 per cent). «Today, I exercised my right to vote at Shri Krishna Institute of Public Administration, Ranchi. I urge all voters to exercise their right to vote. Ensure your participation in this great festival of democracy,» Governor C P Radhakrishnan said in a post on X.

₹2.11 lakh crore dividend payout to the government, marking the highest surplus transfer on record by the central bank. The surplus will be reflected in the government’s account for the financial year 2024-25, and is expected to help the government reduce its fiscal deficit and boost capital expenditure and global fiscal position.Heavyweight financials advanced 1.7 per cent during the week, posting the second straight weekly gain.

Lok Sabha election phase 6: The Election Commission of India (ECI) on Saturday conducted the sixth phase of the Lok Sabha elections 2024, during which 58 constituencies across six states and two Union territories went to polling. As per the numbers recorded till 11:00 PM, the voting percentage dropped to 60% during the sixth phase of the Lok Sabha elections 2024. In the sixth phase, many high-profile people exercised their mandates, like President of India Droupadi Murmu and External Affairs Minister S.

Lok Sabha Elections 2024.Saturday's numbers have surpassed the 49.58 percent turnout recorded in 2014 and the 47.99 percent in 1996 Lok Sabha Elections, officials said. J&K, however, had six Lok Sabha seats in 1996 and 2014, instead of present five.

Opposition INDIA bloc over not announcing the prime ministerial candidate and even said that all leaders in the Opposition alliance are candidates to become the prime minister. "If we form the government, all the leaders will decide who will be their PM," Mallikarjun Kharge was quoted by NDTV as saying during a press conference in Himachal Pradesh's capital, Shimla. He mentioned the ten years of the UPA regime and said that no prime ministerial candidate was announced before the 2004 Lok Sabha elections.

Odisha recorded 61.44 per cent voter turnout in the six Lok Sabha constituencies and 42 assembly segments on Saturday, showed data of the Election Commission. Voting was held in Sambalpur, Keonjhar, Dhenkanal, Cuttack, Bhubaneswar and Puri parliamentary constituencies along with 42 assembly segments within the jurisdiction of these Lok Sabha seats.

BJP and AAP-Congress alliance for the seven Lok Sabha constituencies in Delhi witnessed a turnout of over 54 per cent on Saturday in the midst of the scorching summer heat. Delhi had recorded 60.52 per cent voting in the 2019 general election when the BJP had swept all the seats, routing both AAP and Congress — which have now joined hands to end the saffron party's dominance.