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04.06 / 07:51
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Madhya Pradesh Lok Sabha elections 2024: Over 1.4 lakh NOTA votes in Indore. Will Congress' prediction be true?
Madhya Pradesh Lok Sabha elections 2024: Early trends of the Lok Sabha poll votes in Indore in Madhya Pradesh showed that NOTA (None of the Above) has bagged over 1.4 lakh votes till noon on Tuesday.According to the Election Commission of India's (ECI) data, as many as1,44,842 NOTA votes were casted till 12 noon on Tuesday.NOTA allows the voters to officially register a “vote of rejection" for all candidates contesting in an election. It was introduced in September 2013 following a Supreme Court decision.While 14 candidates were in the fray in Indore, the main battle is between BJP's sitting MP Shankar Lalwani and NOTA, PTI reported citing observers.Voting in Indore took place on May 13, with 61.75 per cent of the 25.27 lakh electors exercising their franchise.Congress, which was pushed out of fray from Madhya Pradesh's Indore Lok Sabha seat after its candidate withdrew, claimed on Monday that NOTA would bag two lakh votes.On April 29, Congress faced a significant blow when its candidate, Akshay Kanti Bam, withdrew his nomination.
04.06 / 07:51
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Lok Sabha results 2024: Mamata Banerjee holds West Bengal fortress as per trends, TMC leads in 31 seats
ALSO READ: Lok Sabha Election Results 2024 Live UpdatesTMC national general secretary Abhishek Banerjee is also leading from Diamond Harbour by a margin of over 2,11,000 votes.In the Krishnanagar Lok Sabha seat, TMC's Mahua Moitra is leading by over 35,000 votes against the BJP's Amrita Roy.In the trouble-hit Barrackpore Lok Sabha seat, TMC Partha Bhowmick is leading by 3,500 votes against the BJP's Arjun Singh.TMC's star candidate, Shatrughan Sinha, is leading by 26,000 votes in the Asansol Lok Sabha seat against BJP's Surendrajeet Singh Ahluwalia.ALSO READ: Lok Sabha Election Results 2024 Reactions LIVE UpdatesLooking at the vote share until now, the TMC received 47.29 per cent of votes, while 37.26 per cent of votes fell into the BJP's kitty.Overall, early trends show that the BJP is leading in 243 seats, the Congress in 94 seats, the Samajwadi Party in 33 seats and the Trinamool Congress in 31 seats. As per trends, the INDIA bloc is leading in 227 seats and the NDA is leading in 295 seats.ALSO READ: West Bengal Election Results 2024 Live UpdatesIn the 2019 Lok Sabha elections, the NDA secured a total of 353 seats, whereas the UPA won 93.
04.06 / 07:51
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Lok Sabha Election: BJP leading in India’s metros, set to increase vote share
India’s urban centres, seen as hubs of progress, often appear to take on a prime role in shaping the political discourse. Voting numbers at around 10.45 am in 30 select constituencies across six metro cities show that Narendra Modi’s Bharatiya Janata Party (BJP) has increased its vote share to 44.4% in the current Lok Sabha election, from nearly 39% in the 2019 election and 32% in 2014. Congress’ vote share in these constituencies has also increased, from 17.8% in the previous national election to nearly 21% as of the latest data.
04.06 / 07:51
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The Federal Reserve is too cautious on quantitative tightening
Inflation remains stubbornly high. That’s why the Federal Reserve, as a part of its monetary tightening, has been reducing the size of its balance sheet, which still has more than $7 trillion in assets left over from its last round of quantitative easing. So why has the Fed now decided to slow the pace of quantitative tightening by $35 billion a month when inflation is still too high? The Federal Open Market Committee’s decision to slow QT comes from a desire to be sure that banks have “ample" reserve balances (deposits held by banks at the Fed) to meet daily cash needs.
04.06 / 06:53
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Share price of Bajaj Holdings falls as Sensex drops 5027.44 points
Bajaj Holdings & Investment Ltd. dropped 2.91 per cent to Rs 7775.95 at 12:17PM (IST) in Tuesday's trade. The counter hit a high of Rs 8014.5 and low of Rs 7760.1 so far during the session. The stock had closed at Rs 8009.25 in the previous session. The counter had a total traded volume of 12:17PM shares so far with a turnover of Rs 0.43 crore on BSE. The stock traded at a price-to-earnings multiple of 12.23 and a price-to-book ratio of 1.7.
04.06 / 06:53
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NDA ahead in Andhra, Karnataka, DMK and Congress on way for a repeat of 2019
NDA was surging ahead in two southern states--Andhra Pradesh and Karnataka while the respective blocs led by the ruling DMK in Tamil Nadu and Congress in Kerala were on their way for another excellent show, going by the latest trends emerging from the counting of votes polled in the just concluded Lok Sabha polls. As part of its southern focus, the BJP had invested much pride and hardwork to net as much as possible from the 131 seats on offer from the fiver southern states--Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana and the two UTs of Lakshadweep and Puducherry.
04.06 / 06:53
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Early trends shows Congress, INDIA allies’ tactics to tap incumbency issues making headways
Congress and the INDIA bloc allies, defying all the exit poll projections that had shown them far below the BJP-led NDA. The latest trends – with many more rounds of counting still to go – has put the INDIA bloc above 200 mark and the Congress itself hovering around 90 to 100 range, clearly some of the Opposition pre-poll moves seems to have worked for these parties even though BJP-led NDA is still ahead of the Opposition.
04.06 / 06:53
04.06 / 06:53
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PFC, REC, Adani stocks among top losers, share prices fall up to 20%
companies such as PFC, REC Ltd and Adani Ports suffered the worst hit in today's market mayhem which witnessed a massive selloff on the back of a poor showing by the Narendra Modi led NDA in the Lok Sabha elections, results for which were trickling in early in the day. PFC and REC Ltd fell nearly 20% to Rs 443.85 and Rs 485 respectively while companies like HUDCO, Adani Energy Solutions, Adani Green Energy, Titagargh Rail and Adani Total Gas also witnessed an over 15% crash so far in the day.
04.06 / 06:53
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Share price of SBI Card falls as Sensex drops 4430.17 points
SBI Cards and Payment Services Ltd. dropped 3.29 per cent to Rs 681.95 at 12:02PM (IST) in Tuesday's trade. The counter hit a high of Rs 709.95 and low of Rs 676.1 so far during the session. The stock had closed at Rs 705.15 in the previous session. The counter had a total traded volume of 12:02PM shares so far with a turnover of Rs 3.22 crore on BSE. The stock traded at a price-to-earnings multiple of 27.71 and a price-to-book ratio of 5.37.
04.06 / 06:49
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Election Results 2024: Nifty Oil & Gas index cracks 10%; GAIL, Oil India, ONGC, HPCL share prices decline 10-17%, RIL 7%
GAIL Ltd , Oil and Natural Gas Corporation (ONGC), Hindustan Petroleum Corporation and Oil India limited , were among the prominent upstream oil and Gas producer saw its share price decline 10-17% in intraday trades. GAIL Ltd was the largets loser with 17% decline in share price.Among other counters Bharat Petroleum Corporations Ltd, Petronet LNG, Mahanagar Gas Ltd, Indian Oil Corporation Ltd were also among the significant losers with their share prices declining 8-10.Meanwhile the index heavyweights like the Reliance Industries share price also declined more than 6%The City Gas distribution companies as Gujarat Gas Ltd, Indraprastha Gas Limited share price also declined more than 6%.Also Read Crude oil prices drop nearly 8% in just 5 sessions to hit a 4-month low on worries over higher supplyThe uncertainty around the Lok Sabha Election results led to the fall in the share prices.
04.06 / 06:49
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Andhra Pradesh Assembly Election Results 2024: Trends show 'big gain' for TDP, majority mark crossed
Andhra Pradesh Assembly Election Results 2024: Early trends have shown “big gains" for the Telugu Desam Party (TDP) in Andhra Pradesh. The N Chandrababu Naidu-led party is leading in 127 of the 175 state assembly seats as of 11 am, according to Election Commission (EC) data. The TDP, in alliance with the Bharatiya Janata Party (BJP) and Pawan Kalyan-led Janasena Party, will likely form the Andhra Pradesh government.
04.06 / 06:49
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Lok Sabha Election Result 2024: Voting trends show big upset for BJP in Uttar Pradesh, Samajwadi Party leads in 34 seats
Lok Sabha Election Result 2024: As the counting of votes is underway, the Bharatiya Janata Party (BJP) appeared to be suffering surprising reverses in some Hindi heartland states, including in politically most crucial state of Uttar Pradesh.According to voting trends shown by the Election Commission, in Uttar Pradesh, which has 80 Lok Sabha seats, the BJP was locked in a neck and neck fight with the Samajwadi Party.At 11.05 am, the EC figures showed that the BJP was leading in 35 seats against SP's 34, with the opposition INDIA bloc alliance ahead in 42 seats.In 2019, the BJP had won 62 seats in the state. The Samajwadi Party had got five seats.
04.06 / 06:49
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Varanasi results 2024: Narendra Modi leads by 60000 votes after Jairam Ramesh's ‘trailer’ jibe
Narendra Modi, but now is trailing in the constituency. ALSO READ: Election Results 2024 Live UpdatesEarly trends shows Ajai Rai is now tailing by over 60000 votes in the Varanasi constituency.
04.06 / 06:49
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Odisha election result 2024: Will BJP end Naveen Patnaik's 24-year rule? Early trends show PM Modi's party in lead
needs to win 74 seats in the 147-member Odisha assembly to form the government in the state.Follow Assembly Election Results 2024 AP, Odisha Live Updates hereNaveen Patnaik has been the chief minister of Odisha since 2000. If re-elected this time, Patnaik would assume power for the sixth term and may go on to become India’s longest-serving Chief Minister, breaking former Sikkim CM Pawan Kumar Chamling’s record.
04.06 / 06:49
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Indian bond yield sees biggest spike in 8 months on uncertainty over election results 2024; 10-year yield above 7%
Also Read: Investors lose ₹20 lakh crore within first 20 mins of trade as election race gets tighter than what exit polls predictedThe trends in the election results showed that Prime Minister Narendra Modi’s National Democratic Alliance (NDA) was leading, but with an unclear margin. The trends were not in-line with the exit polls, which indicated a thumping majority for the BJP, leading a sharp rally in the Indian stock market on Monday.
04.06 / 06:23
04.06 / 06:13
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Defence stocks fall up to 11% in early trade session amid tight election race
defence stocks crashed 11% on BSE today as early counting trends showed that the ruling NDA may get lower than expected seats in the Lok Sabha elections. Shares of Mazagon Dock fell a little over 11% to day’s low of Rs 2,898.25 while Bharat Dynamics and BEL shares fell by 9.8% to their respective lows of Rs 1,440.35 and Rs 287.25. Cochin Shipyard shares dipped nearly 9% while Hindustan Aeronautics shares fell 10%.
04.06 / 06:13
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PI Industries shares drop 0.71% as Sensex falls
PI Industries Ltd. traded 0.71 per cent down at Rs 3620.7 at 11:36AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 3224.86 points to 73243.92. The stock had closed at Rs 3646.6 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4032.0 and Rs 3060.0, respectively.
04.06 / 06:13
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India VIX jumps 40%, registers highest single-day gain in 9 years
India VIX witnessed its highest single-day gain in 9 years, jumping nearly 40% on intraday basis to the day's high of 28.62. The gains were seen after counting trends showed a strong fight back by the India Alliance though BJP-led NDA still managed to cross the majority mark. India VIX had settled at 20.94 on Monday after the exit polls gave a thumping majority to the NDA government.
04.06 / 04:51
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TN Election Results 2024: Early trends show DMK ahead in 38 seats; Annamalai trails in Coimbatore
Tamil Nadu Election Results 2024: The counting of votes is underway in Tamil Nadu for the Lok Sabha polls conducted in the state in a single phase on April 19 to elect 39 members in the Parliament. There are 950 candidates across 39 constituencies.Of the 39 total seats in Tamil Nadu, DMK is ahead in 38 seats while the NDA ally PMK is leading in one - Dharmapuri, says Indian Express. As per early trends, K Annamalai is trailing in Coimbatore.
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