NARENDRA MODI STOCK MARKET
NDA government gives stability & investors know it: PM Modi
PM Modi linked market rise to NDA's stability, announced Rs 29,000 crore infrastructure projects at NESCO, Goregaon. He cited 80 million jobs created despite Covid per RBI, criticized opposition for false employment narratives and youth betrayal, and celebrated NDA's third term. Modi's remarks aimed at opposition criticism highlighted NDA's achievements in job creation.
Modi’s Budget to send India’s soaring stocks higher: Survey
More than half of the 24 respondents estimated that the Nifty 50 Index may advance up to 26,000 points by the end of 2024, while one predicted the gauge can climb even more.
Stock market 'manipulation' claims: TMC MPs meet Sharad Pawar; NCP (SP) backs demand for probe
Exit poll stock market manipulation charges: A delegation of Trinamool Congress (TMC) MPs met NCP president Sharad Pawar, seeking support for an investigation into alleged stock market manipulation post exit polls. This follows Rahul Gandhi's allegations against PM Modi and Amit Shah in what he called the "biggest stock market scam." The BJP denies the claims.
What’s beyond Modi’s coalition government for investors?
The benchmark index reached a new high despite concerns of a probe by SEBI into alleged misleading statements by PM Modi and Home Minister Amit Shah, as claimed by Rahul Gandhi.
Trinamool MP seeks SEBI probe into stock market movements during Lok Sabha results
Trinamool Congress Rajya Sabha member Saket Gokhale has written a letter to financial markets regulator SEBI, accusing the government of alleged "stock market manipulation" in India. Gokhale demanded an investigation into statements made by Prime Minister Narendra Modi and Home Minister Amit Shah during the poll campaign, where they advised people to invest in stocks hinting at positive election results for the BJP.
Modi premium for Indian stocks gets a hard look after elections
With the leader now navigating coalition politics after a weaker-than-expected mandate in this week’s national election, the so-called Modi premium is under scrutiny. Investors are looking for proof that Modi can continue his reforms with the same vigor, while balancing the demands of alliance partners and avoiding populist measures to regain public support.
Market has no connection with political party, a crash is common: Sanjay Nirupam
Nirupam statement came after Congress leader Rahul Gandhi Gandhi alleged that Prime Minister Narendra Modi and Home Minister Amit Shah had given "investment advice" to people during the campaign for the Lok Sabha polls and there was a loss of lakhs of crores to retail investors also due to "fake exit polls".
Rahul demands JPC on stock market 'Scam'
Rahul Gandhi demands JPC probe into ₹30 lakh crore stock scam involving PM Modi and Amit Shah giving investment advice. The scam led to a massive stock market crash on election result day, causing losses to investors.
'Conspiring to mislead the investors': BJP hits back at Rahul Gandhi on 'stock market scam' charge
BJP responds to Rahul Gandhi's stock market scam allegations against PM Modi and Amit Shah. Piyush Goyal accuses Rahul of creating fear in investors, highlights India's economic growth and market cap increase.
Traders stunned by election surprises from Mexico to India
The world witnessed unexpected outcomes in the Mexican elections and Narendra Modi's victory, impacting markets globally. Claudia Sheinbaum's landslide win also played a significant role in reshaping market dynamics.
PM Modi and Amit Shah directly involved in Tuesday's stock market crash: Rahul Gandhi
Rahul Gandhi criticized PM Modi, Amit Shah, and Nirmala Sitharaman for giving investment advice before election results, demanding a JPC probe into alleged stock market manipulation by a business group under SEBI investigations.
Bears Stranglehold: Will markets fall 10% and should you worry?
Markets rebounded on Wednesday after a steep decline, but experts warn of a possible 10% correction. With PM Narendra Modi set to take oath on June 8, market assurance remains a key factor.
Modi’s election setback only a blip for some global stock funds
“The first thing I did was message my portfolio managers who invest in India to say if Nifty banks are down because of a lower-than-expected mandate for Modi, it’s a buying opportunity,” Sai said in an interview on Tuesday.
Consumer stocks have edge over capex-linked ones after shock poll verdict
Indian consumer-focussed companies are likely to shine, while capital spending-linked firms could suffer as the government shifts its policy focus to support lower-income segments, fund managers and analysts said on Wednesday, a day after a surprise result in the national elections.
Election results may trigger India de-rating, Modi stocks to be worst hit
"We expect a market derating in the short term, as the risk on India has gone up. PSUs and Capital goods are the most vulnerable sectors, from which we would stay away for the time being. On the other hand, consumption should come back and we see FMCG and value retailers making a strong return. We are also constructive on Healthcare," said Seshadri Sen of Emkay Global.
Top 10 stock losers in Asia are all from India on tight election
A BSE Ltd gauge of state-run stocks dropped by as much as 20%. Shares of Adani Enterprises Ltd. and Adani Ports & Special Economic Zone Ltd. slumped more than 20%.
Investors pour into India ETFs ahead of election result
Investors poured money into Indian company stocks ETFs ahead of Modi's predicted third-term win based on exit polls. India saw the largest inflow with $307.5 million, led by iShares MSCI India ETF. Market experts like Ashish Chugh from Loomis Sayles anticipate pro-growth policies under Modi's leadership.
Indian stocks, bonds and rupee set to gain as polls show landslide BJP win
While the final results might differ from the exit polls, the strength of the projected victory is expected to benefit risk assets. Should the June 4 results align with the exit polls, analysts expect the NSE Nifty 50 Index to reach a new record
Hedging costs for Indian stocks advance by most in four years
The cost of hedging Indian stocks has surged ahead of the general election’s outcome next week. The NSE India Volatility Index rose 88% in May, the most since March 2020, reaching a two-year high of 24.17% on Thursday.
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