LOK CAPITAL
Why investors are favouring FMCG stocks after elections
One key reason behind FMCG becoming a preferred choice in today’s time was this year’s general election. It was the most expensive affair with an estimated campaign cost incurred by political parties reaching a record Rs 1.35 lakh crore. A significant share of this pie moves into the pockets of rural India.
New govt to continue to maintain focus on infra sector: Icra
The new Indian government will focus on infrastructure, with higher outlays towards railways, roads, and water, according to Icra. Narendra Modi will assume the role for the third time, but with a smaller-than-expected election victory, the BJP will share power in a coalition government. The capital outlay is expected to sustain growth momentum, as it contributes to GDP multiplier effects and job creation in unskilled and semi-skilled segments.
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.
Stock Radar: Over 200% rally in a year! This multibagger Adani group company is a good buy-on-dips stock; here’s why
The power stock rose from Rs 255 in June 2023 to Rs 874 in June 2024, showing an upside of over 240% in a year. It has been gaining momentum in the past few months, rising over 13% in a week, more than 30% in a month and over 40% in the last 3 months.
New BJP MPs in Delhi credit PM Modi for victory, assert to fulfil promises
Newly elected BJP MPs in Delhi praised PM Narendra Modi for their victories and expressed confidence in BJP winning the Assembly polls next year, following a clean sweep in the Lok Sabha elections. Party leaders pledged to address the city's issues and planned for development initiatives and a focus on fulfilling the PM's vision. The MPs vowed to work diligently for the people of Delhi, emphasising trust in Modi's policies.
Tejashwi Yadav drops a big hint over INDI govt formation at the Centre after flight with Nitish Kumar to Delhi
In response to reporters at the Delhi airport, RJD leader Tejashwi Yadav advised to "wait and watch" regarding the INDI alliance forming a government. His comments came before the INDI alliance meeting and after traveling with Bihar CM Nitish Kumar. This reflects the strategic maneuvers both NDA and INDI are undertaking post-election results.
- Go To Page 1
All about Delhi drama: BJP, Congress allies in the capital as govt formation politics heat up
Following the completion of the Lok Sabha poll counting, key allies of both BJP and Congress have begun converging in Delhi to discuss the formation of the new government. The Union Cabinet was scheduled to convene today at 11:30 am in Delhi. Later in the day, NDA leaders will gather at Prime Minister Modi's residence, located at 7 Lok Kalyan Marg. This meeting is set for around 3:30 pm, as reported by ANI.
Stock Radar: Over 200% rally in a year! This multibagger Adani group company is a good buy-on-dips stock; here’s why
The power stock rose from Rs 255 in June 2023 to Rs 874 in June 2024, showing an upside of over 240% in a year. It has been gaining momentum in the past few months, rising over 13% in a week, more than 30% in a month and over 40% in the last 3 months.
Delhi Lok Sabha election winners' list: BJP's clean sweep in capital
BJP won all seven Delhi Lok Sabha constituencies, with Praveen Khandelwal defeating Jai Prakash Agarwal in Chandni Chowk and Manoj Tiwari winning in North-East Delhi.
Startups seek support, policy continuity from new govt
As of 6.30 pm, data from Election Commission showed the incumbent BJP leading with 241 seats, opposition Congress with 98 seats -- leaving both parties short of the 272 Lok Sabha seats needed to form a government and increasing the chances of a coalition.
RIL investors suffer Rs 1.27 lakh crore loss as stock ends 7.5% lower
Shares of RIL dropped 7.5% on BSE as NDA alliance's election results differed from exit polls, wiping off Rs 1.27 lakh crore from investors. RIL hit an all-time high of Rs 3,029 on June 3, with a market cap of Rs 20.44 lakh crore, now at Rs 18.9 lakh crore.
Delhi Lok Sabha Elections 2024 Phase 6: National Capital to vote on May 25. Here are candidates and their seats
As the scorching heatwave persists, the nation's capital gears up for the electoral showdown on Saturday, May 25th, following an unprecedented two-month-long campaign period. The BJP and its partners in the INDIA bloc find themselves in a head-to-head battle across all seven Lok Sabha constituencies. A staggering 1.52 crore voters, comprising 82 lakh males, 69 lakh females, and 1,228 individuals identifying as the third gender, are set to exercise their franchise at over 13,000 polling booths spread across 2,627 locations within the seven constituencies.
Rupee surges 38 paise to 83.04 against US dollar in early trade
The rupee strengthened to a three-month high of 83.04 against the US dollar on Monday, supported by positive sentiment in domestic equity markets fueled by strong macroeconomic data and exit poll results favoring PM Narendra Modi's government.
Lok Sabha election results on June 4: Here's your market playbook ahead of the D-Day
Exit polls foresee a comfortable victory for Modi's government, easing market concerns. May saw market volatility, yet optimism prevails for June 4 results. Analysts advise caution amid potential market fluctuations but anticipate a bullish trend post-elections
Beyond elections, track these 6 factors also to understand Nifty movement this week
Investors would react to not just the exit poll predictions but also India's Q4 GDP numbers which, at 7.8%, was much higher than the Street estimates. Global markets will likely react to the outcome of the PCE data in the US, the Fed's preferred gauge of inflation.
Delhi Exit Polls 2024 Result Live: BJP looks to clean sweep national capital, yet again, predicts multiple exit polls
Exit Polls 2024 Delhi: In a closely contested battle between the BJP and the AAP-Congress alliance for Delhi’s seven Lok Sabha seats, voter turnout on May 25 surpassed 54 percent, despite the scorching summer heat. In the 2019 elections, the voter turnout in Delhi was 60.52 percent, with the BJP sweeping all seats. This year, the AAP and Congress have joined forces to challenge BJP's supremacy.
Looking for stocks to buy before election result? Insiders scanning these 5 sectors
Investors are looking at sectors like capital goods, defense, and real estate for growth opportunities post-election. The focus is on infrastructure development and capex growth in line with BJP's manifesto.
Who will win the elections? Here are brokerages' bull, base and bear case
Who will win the Lok Sabha Elections 2024? Here's what the brokerage houses are betting on? (Source: ET NOW)
India's growth set to get more broad-based, says Morgan Stanley; pegs 6.8% for 2024
India's strong growth, driven by consumer and business spending, is expected to become more broad-based, according to Morgan Stanley. The global investment bank forecasts 6.8% growth in 2024, attributing it to global offshoring, digitalization, and energy transition. Retail inflation is at 4.83%, within RBI's comfort zone. S&P Global Ratings revised its outlook on India to positive, citing robust economic growth and fiscal policies.
Election stocks to buy: Phillip Capital has shortlisted 21 ideas for next 1 year
Brokerage firm Phillip Capital has provided a list of 21 stocks that it believes can potentially yield significant returns for investors in the next year, assuming the ruling BJP secures 290-300 seats in the Lok Sabha election results expected on June 4.
India's GDP is USD 3.95 trillion, says Union Minister Hardeep Singh Puri
While speaking in Chandigarh on Sunday, Puri said, "As per the public data released by IMF, our GDP is USD 3.95 trillion, and we are in the fifth position. Japan is in the fourth position with a GDP of USD 4.1 trillion. If our growth rate is going on at 7-8 percent and Japan's is flat, it's a matter of a few months, if not a year, and our economy will reach fourth place."
Navigating market volatility during elections: Insights & strategies for investors
Elections bring uncertainty with potential policy shifts like tax reforms, subsidies policies, and changes to capital gains tax. Market volatility can unsettle investors as they reevaluate positions based on political rhetoric and campaign promises.
Pandian's jibe at BJP: Their campaigners are political tourists who can't even name Odisha capital
V K Pandian, Naveen Patnaik's confidant, criticizes BJP's star campaigners in Odisha as 'political tourists' in an interview. Pandian predicts Patnaik's victory in a sixth term and discloses the oath-taking date. Biju Janata Dal aims for a strong position in the state assembly elections and Lok Sabha polls in Odisha.
'Stock market rally' from June 4, predicts PM Modi: Should stock, mutual fund, gold investors tweak portfolios before Lok Sabha election results?
Lok Sabha election results 2024: Prime Minister Narendra Modi said that the stock market would have a rally once the election results are out. A few days back, Union Home Minister Amit Shah asked investors to buy the dip before June 4, 2024, as the market will shoot up after that. Now the question is what should investors do till the election results are out? Is it time to accumulate more stocks or avoid the volatility and play it safe? Find out here
Check out the key seats as Mumbai gears up to vote in the fifth phase of the Lok Sabha polls
The fifth phase of the Lok Sabha elections on May 20 covers 13 Mumbai constituencies including notable candidates like Piyush Goyal, Ujjwal Nikam, and Arvind Sawant. Maharashtra with 48 parliamentary seats, including Mumbai North, is a battleground for the Mahayuti coalition and Maha Vikas Aghadi alliance. The Mumbai Metropolitan Region adds Bhiwandi and Palghar to the mix.
Congress to hold election town halls in Delhi, says interim chief Devender Yadav
Congress' interim Delhi chief, Devender Yadav, announced plans for five to seven town halls in the capital ahead of the Lok Sabha elections, with Congress leader Rahul Gandhi scheduled to participate in one. Additionally, the party has enlisted two call centers with about 140 employees to manage various tasks, including monitoring the impact of their campaigns.
Modi charms Patna with roadshow, first by a PM in Bihar's capital
PM Modi's grand roadshow in Patna, Bihar, amid Lok Sabha elections, showcased BJP's symbol, the lotus, and included interactions with priests, culminating in a visit to Takht Harmandir Patna Sahib.
Lok Sabha campaigning lacklustre in BJP bastion Indore after Congress's fiasco but all eyes on NOTA
Congress' absence in Indore's poll leads to lacklustre campaigning. 'NOTA' potential record. BJP's uncontested Shankar Lalwani. NOTA supported by Congress. BJP optimistic. Press Club predicts NOTA record.
Load More
