ELECTION IMPACT ON MARKET

5 world market themes for the week ahead

Euro 2024 excitement rises with political shifts in Britain and France. M&A activity surges amidst economic uncertainties. Emerging Asia grapples with inflation as central banks navigate rate decisions. Labour's potential win in Britain poses fiscal challenges. The market awaits U.S. job data impact on Federal Reserve's rate policy.

May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

In May, auto retail sales dropped by 5.28% from the previous month, influenced by the heatwave and the recent Lok Sabha elections, according to FADA. However, annual figures showed a 2.6% increase. Two-wheelers and commercial vehicles saw year-on-year growth, while passenger vehicles and tractors slightly contracted.

RBI MPC: Experts decode policy impact on markets, sectors

Adhil Shetty, Vikas Garg, and Naveen Kulkarni opine on the RBI MPC policy, and how it would affect market sentiment, and pave the way for economic growth.

Lok Sabha Results: Will a fractured mandate for NDA impede new govt's infra and capex push?

The 2024 Lok Sabha elections deliver a fractured mandate, influencing economic reform outlook. Experts recommend focusing on public capex and high-tech sectors for growth. Tanvee Gupta Jain predicts fiscal leeway for populist spending, supported by progress in implementing labor laws.

Market will soon start acting and reacting to economic fundamentals

The unexpected election results and resulting uncertainty have triggered market jitters, reminiscent of similar situations in 2004 and 1991

Past reforms will continue to drive economy over next 2 years: Neelkanth Mishra

In fact, with the RBI dividend being significantly better than what was budgeted, I would not be surprised if in the July budget, the government chooses to bring down its FY25 fiscal deficit target from 5.1% to 4.9% because that money is there.

Impact of election results on stock market: Are Modi stocks the best bet?

Stocks related to Prime Minister Modi's policies, known as 'Modi stocks', are gaining attention. These include PSU stocks and those of private companies in sectors like infrastructure, defense, and manufacturing.

Election Verdict Impact! ICICI Bank, HDFC Bank, RIL ADRs plunge up to 11%

The decline follows mayhem in the Indian markets. The benchmark index S&P BSE Sensex closed at 72,079.05, falling by 4,390 points or 6%. Nifty 50 corrected by 1,379.40 points or 6% to settle at 21,884.50. ADRs of Wipro, MakeMyTrip, Yatra Online, Dr Reddy's Laboratories were some of the other losers, which fell up to 3%.

How Nifty has performed one week after Lok Sabha elections since 1999

As India awaits Lok Sabha election results, forecasts suggest a likely win for the Modi-led NDA alliance. Analysts anticipate market reactions, citing historical data. Post-poll, equities could experience short-term fluctuations, but tend to rebound in the medium to long term.

Election results and stock markets: If history can predict the future

India awaits the Lok Sabha election results with anticipation, largely expecting a win for the Modi-led NDA alliance. Analysts foresee policy continuity and market stability if expectations materialize, but unexpected outcomes could trigger short-term market volatility. Regardless, experts suggest viewing any market dips as buying opportunities.

Exit Poll impact on D-Street! Religare Broking expert tells what to do with Naukri, DMart and 4 other stocks?

All the exit polls indicate that the BJP will retain power, which is expected to lead to a positive reaction in the markets. However, given the election-related uncertainty, we may see a volatile session on Monday as the market reacts to the exit poll numbers and anticipates the final outcomes. Investors should be prepared for fluctuations but can remain optimistic about a potential rally if the final results align with the exit polls.

Exit Polls: Top D-Street voices echo continuation of policy reform in Modi 3.0

Exit polls indicate a clear advantage for the BJP-led NDA faction. Experts foresee a continuation of reform policies in PM Modi's third term.

2 stock recommendations from Santosh Meena

Even if the BJP comes with a majority, there will be a risk of some profit booking if we look at the 2019 outcome. So, ahead of the actual outcome, the market rallied after the exit poll, but on the day of actual results, the market witnessed profit booking from the higher levels so that could be the case, says Santosh Meena, HoR, Swastika Investmart.

Diversify your portfolio to gain from post-elections policies: Mahantesh Sabarad

Mahantesh Sabarad, an Independent Market Expert, suggests that the capex theme will be lucrative, particularly for capital goods and industrial goods companies, if the current government continues. This outlook is based on the expectation of a strong emphasis on capex under the incumbent administration.

How stock markets have fared on election results day and afterwards

​Nifty fell 12.24% on election result day. The next day it bounced back 8.3%. In the next 5 days after election results, the index was up nearly 16%.​

Neither Adani, Ambani nor Tata: 'Modi stocks' is the biggest buzzword before poll results

What to expect from RIL stock going ahead? Deven Choksey answers

​To a greater extent likes of Reliance, likes of Bajaj Finance, likes of Kotak Bank are some of the companies where probably you find that the business condition remains absolutely upbeat and robust and at the same time the stock prices have not moved anywhere despite of the rally going on in this market.

Crypto Talk: Election year economic policies could propel Bitcoin to new heights, predicts Rajagopal Menon of WazirX

2024 is projected to be a significant year for cryptocurrencies with government spending expected to rise, leading to a potential reduction in interest rates. Bitcoin's price surge post-halving is driven by factors like institutional demand and cyclical patterns. Rajagopal Menon says no one who has held Bitcoin for more than 4 years has ever lost money. Systematically buying Bitcoin every month, similar to investing in a mutual fund, can be an effective strategy.

Nifty can give double-digit returns in 2024 if BJP gets 290 plus seats: Bernstein

Global brokerage firm Bernstein predicts Nifty returns based on Lok Sabha outcomes: BJP victory with over 290 seats may yield high single-digit or low double-digit returns.

Fund Manager Talk | Chances of downside surprise in Nifty higher after elections: Viraj Gandhi, SAMCO Mutual Fund

CEO Viraj Gandhi of SAMCO Mutual Fund provides insights on market impact, sector preferences, and future trends including the renewable energy sector's growth in FY25.

How will stock market react to election results? Here are 3 possible scenarios

Investors are closely monitoring India's elections, with low voter turnout and betting market predictions fueling uncertainty. Sensex is down over 1,700 points this month. Analysts assess potential market reactions to different election outcomes, from outright BJP victory to coalition scenarios.

Have some cash on sidelines; Kotak a good buy on dips; Titan too overvalued: Sandip Sabharwal

Sandip Sabharwal advises caution in the market due to uncertain valuations and growth trajectory. He highlights investment opportunities in auto companies, consumer goods, and infra firms amidst global economic shifts and upcoming elections. Sabharwal says: "Post results, Dabur looked like a decent proposition because it has underperformed for so many years and that is one consumer company which is saying that they are releasing growth uptake."

No significant election impact on equity markets; Nifty to hit 30,000-35,000 by 2027: FidelFolio

According to the equity advisory firm, apart from a few exceptions the Nifty indices have often demonstrated an upward trajectory around elections. Despite the difficulties and volatility during the previous 30 years, Nifty has provided a CAGR return of 13% when examining market returns.