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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.

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.

NCP and Shiv Sena, are trying to prove their legacy by fighting in seperate allainces.

«See, markets have been rallying for the last four years since the bottom in March 2020, so one cannot ignore the fact that valuations are on the higher ground,» says Ravi Dharamshi, ValueQuest Investment Advisors. I thought you would be glued to your trading screen, you are in the studio, looking relaxed on a day like this. Probably for a trader it matters more, from an investor's perspective I guess policy continuity and political stability is in the bag and I do not think a few seats here and there is going to matter.

Lok Sabha Elections 2024. From the 527 seats for which the trends are available, the BJP-led National Democratic Alliance (NDA) was ahead on 283 seats while the opposition INDIA bloc was leading on 221 seats. The others were ahead in 23 seats.

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.

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.

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.

Catch Live Updates of Lok Sabha Election Results 2024Most exit polls predicted a massive victory for PM Modi's BJP. Most post-poll surveys forecast 350-370 seats for the NDA and 107-140 seats for the Opposition's INDIA bloc.Will NDA achieve its target of winning record 400 seats in the 2024 Lok Sabha polls?Axis My India predicted that the NDA might be able to achieve their goal of ‘400 paar’, creating a record for the number of seats won by an alliance in the Lok Sabha ever.Axis My India exit poll predicted 322-340 seats for the BJP – up from 303 seats it won in the 2019 Lok Sabha Elections – and 39-61 seats for its allies.

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.

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.

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.

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%.

counting of votes has started in various parts of the country. In the southern party of India, NDA is leading as Congress who is currently in power at assembly level trails behind.

«One thing is consensus that they will come to power maybe with not 370 but maybe 300-320 that will be accepted by the market and we may be in a range with a day of profit booking. Does that change the trend? We will know only by the end of the day,» says Sanjiv Bhasin, Director, IIFL Securities. The initial polls are indicating that markets in a sense are getting what they want in terms of an election verdict. So, why is there a such a fall? Well, clearly a large part of everything was played out yesterday. The biggest bout of short covering. Now, it is difficult till 12 o'clock to get clear trends, but like I said if it is not such a big majority and specific groups which may had outperformed particularly PSUs, Adani and the likes, there may be a little bit of froth over there.

Tube Investments of India Ltd. fell 1.12 per cent to Rs 3796.5 at 11:41AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 10,771 shares with a turnover of Rs 4.07 crore till 11:41AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 60.72, while the price-to-book value ratio stood at 18.18.

Sensex and Nifty tanked nearly 4% to the day's low of 73,659.29 and 22,389.85 respectively on Tuesday, with early trends suggesting a fightback by the India alliance albeit a majority mark for the NDA alliance, certain sectors managed to hold themselves as others witnessed a free fall. While Sensex slipped from Monday's closing of 76,468.78 by 2809 points on the intraday basis, the broader Nifty witnessed an 874 point fall to 23,263.90.

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.

Tata Motors, and Coal India, contributed 72% of the incremental YoY accretion in earnings. Ex-Metals and Oil & Gas, Nifty’s earnings grew 16% YoY.Read Election Results 2024 Live Updates hereNifty earnings per share (EPS) for FY24 increased 2.6% to ₹1,005 from ₹980 earlier, largely fueled by notable upgrades in ONGC, Coal India, and SBI. EPS for FY25E and FY26E also experienced upward revisions of 0.8% each to ₹1,142 and ₹1,327, according to brokerage firm Motilal Oswal.

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.

UP Election Results 2024: The vote counting for the Lok Sabha Elections 2024 began at 8 am on Tuesday. As per the early trends, INDIA bloc is giving neck-to-neck competition to BJP-led NDA alliance in the state.