PM Modi says election results boosted domestic capital markets, generated enthusiasm in world
5 months, 2 weeks ago

PM Modi says election results boosted domestic capital markets, generated enthusiasm in world

Hindustan Times  

Prime Minister Narendra Modi thanked people of the country saying that they rejected politics of deceit and propaganda while choosing to bank politics of trust in the recently concluded Lok Sabha elections. What PM Modi said on stock market Reflecting on the stock markets, PM Modi said, “Election results have not only boosted domestic capital markets, but also generated enthusiasm in world.” This comes as BSE Sensex touched a record high of 80,000 in today's session, rising from 75,000 in less than three months amid strong investor confidence and economic optimism. The rally gained significant momentum following the oath ceremony of Prime Minister Narendra Modi on June 9 after which Sensex hit the 77,000 mark the very next day. While campaigning for the Lok Sabha elections, PM Modi said that the stock market would hit record highs after election results were declared.

Stock Market Market Election Lok Sabha Election Results Sensex Modi Pm Modi Narendra Modi Domestic Capital  generated  prime  enthusiasm  politics  market  election  domestic  capital  hit  stock  modi  record  markets  sabha  minister  boosted  world  results

History of this topic

India stock outlook: Market participants will watch out for Q2 earnings, FPI activities and global cues
1 month ago

India stock outlook: Market participants will watch out for Q2 earnings, FPI activities and global cues

Live Mint  

New Delhi, : The domestic stock markets, in the upcoming week, will focus their attention back to the Foreign Institutional Investment selling, global cues and domestic developments such as earnings of the companies and winter session of the Parliament, say analysts. The performance of the banking and IT sectors will be crucial in determining the market's next move," said Ajit …

Stock market has risen 4 times during PM Modi govt's tenure: Piyush Goyal
5 months, 2 weeks ago

Stock market has risen 4 times during PM Modi govt's tenure: Piyush Goyal

Hindustan Times  

Stock market has risen four times in the last ten years during the Narendra Modi-led government's tenure, Union Minister Piyush Goyal said. Now perhaps it has crossed 23,000-24,000.” Union Minister of Commerce and Industry Piyush Goyal said that Prime Minister Narendra Modi's government is ready to promote the drone industry that has seen rapid growth in the last three years. …

PM Modi's prediction of a post poll market rally comes true as Sensex, Nifty hit record highs
6 months ago

PM Modi's prediction of a post poll market rally comes true as Sensex, Nifty hit record highs

Hindustan Times  

Prime Minister Narendra Modi's prediction of a stock market rally after Lok Sabha elections is coming true with Sensex surging more than 5,000 points since June 4, when the results were declared. While campaigning for the Lok Sabha elections, Modi had said that the stock market would hit record highs after election results were declared. “You will see that within …

India’s Modi elected as leader of coalition and set to form new government
6 months, 2 weeks ago

India’s Modi elected as leader of coalition and set to form new government

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi on Friday was formally elected leader of the National Democratic Alliance coalition, which won the most seats in the national election after his political party failed to win a majority on its own. Meanwhile Modi’s political challenger, the INDIA alliance led by the Congress party, put up a stronger-than-expected fight doubling its …

Stock market crash: Nifty to fall below 20,000? Stocks to consider after Lok Sabha election results
6 months, 2 weeks ago

Stock market crash: Nifty to fall below 20,000? Stocks to consider after Lok Sabha election results

Hindustan Times  

Stock market crash: As the Lok Sabha election results 2024 shocked the stock market owing to BJP-led NDA securing a reduced majority, Emkay Global said that even though the BJP is well short of majority, PM Narendra Modi will be returning to the office but in changed circumstances. In the short term, the broking firm said that it expects a …

India election: Why Modi’s narrow win sent the stock market tumbling
6 months, 2 weeks ago

India election: Why Modi’s narrow win sent the stock market tumbling

Al Jazeera  

Indian shares suffered their biggest drop since 2020 after the Bharatiya Janata Party lost its parliamentary majority. India’s stock market took its worst tumble in four years after Indian Prime Minister Narendra Modi’s Bharatiya Janata Party lost its parliamentary majority. The shock outcome of Tuesday’s election count means Modi will need to rely on smaller parties to form a governing …

India’s economic boom won’t be derailed by its election shock
6 months, 2 weeks ago

India’s economic boom won’t be derailed by its election shock

CNN  

New Delhi CNN — Narendra Modi has declared victory in India’s election but he’ll need the support of smaller parties to govern, a shock result that could make it harder for him to pass major economic reforms. India boomed during Modi’s first two terms as prime minister, leapfrogging the United Kingdom to become the world’s fifth biggest economy and growing …

Modi claims victory for his alliance in India’s general election
6 months, 2 weeks ago

Modi claims victory for his alliance in India’s general election

LA Times  

Supporters of the Congress party dance as they celebrate their party’s lead during the counting of votes in India’s national election in Mumbai on Tuesday. Prime Minister Narendra Modi claimed victory for his alliance on Tuesday in India’s general election, despite a lackluster performance from his own party as it faced a stronger than expected challenge from the opposition, which …

India elections: Modi declares victory but party faces shock losses in parliament and will need coalition
6 months, 2 weeks ago

India elections: Modi declares victory but party faces shock losses in parliament and will need coalition

CNN  

New Delhi CNN — India’s transformative yet divisive Prime Minister Narendra Modi declared victory in national elections on Tuesday evening, but his goal of winning an unassailable majority was left in tatters after voters delivered a shock result that reduced the extent of his party’s grip on power. Rahul Gandhi, the leader of India’s National Congress, said early election results …

These stocks are set to surge if PM Modi wins third term as exit polls predict
6 months, 2 weeks ago

These stocks are set to surge if PM Modi wins third term as exit polls predict

Hindustan Times  

Brokerage firms identified stocks that could benefit from the formation of PM Modi led-NDA coalition government as exit polls indicated a clear majority for the alliance. "Modi stocks" are stocks of the companies or sectors that have benefited directly from government policies and initiatives under Prime Minister Narendra Modi. These are: Defense and manufacturing: HAL, Hindustan Copper, NALCO, Bharat Electronics, …

Huge stock market rally expected on June 4? What brokerages advised ahead of Lok Sabha election results
6 months, 3 weeks ago

Huge stock market rally expected on June 4? What brokerages advised ahead of Lok Sabha election results

Hindustan Times  

The BSE Sensex and the NSE Nifty were at fresh record highs today which added nearly ₹12 lakh crore to the BSE market capitalisation as almost all exit polls predicted the BJP-led NDA's seat wins in the 350-400 range. This comes after stock market investors trimmed expectations on BJP or NDA seat counts owing to lower turnout in the first …

PM Modi needs to win 303-plus seats to extend stock market rally: Investors
6 months, 3 weeks ago

PM Modi needs to win 303-plus seats to extend stock market rally: Investors

Hindustan Times  

Indian stocks need Prime Minister Narendra Modi’s party to win more than 303 seats in the general election to extend their record rally, according to a Bloomberg News survey of market participants. Stock market after Lok Sabha elections: A child holds a placard depicting PM Modi and BJP election symbol during a public meeting addressed by Uttar Pradesh Chief Minister …

PM Modi says stock markets will hit record high on 4th June: Should you invest more?
6 months, 3 weeks ago

PM Modi says stock markets will hit record high on 4th June: Should you invest more?

Live Mint  

In an interview given to a business daily, the honourable Prime Minister Narendra Modi said that the stock markets will hit record highs on 4th June 2024. He is confident that on 4th June, the BJP will hit a record number of Lok Sabha seats, and the stock market will also hit new record highs. After listening to the Prime …

Stock market may fall 15-20% if BJP gets less than 250 seats, Ruchir Sharma predicts
6 months, 3 weeks ago

Stock market may fall 15-20% if BJP gets less than 250 seats, Ruchir Sharma predicts

Hindustan Times  

Stock market could experience a sudden fall if the PM Modi-led Bharatiya Janata Party government secures less than 250 seats in the Lok Sabha elections, ace investor Ruchir Sharma said. Talking to India Today at its Pop-up Conclave in Mumbai, the Chairman of Rockefeller International said that if the BJP fails to secure 250 seats, the market could fall 10-20 …

How did the Indian stock market react to elections in the past?
7 months ago

How did the Indian stock market react to elections in the past?

Hindustan Times  

India’s benchmark stock market indices Sensex and Nifty touched historic highs at close of trading Thursday, 75,418 and 22,967 respectively, driven by Wednesday’s announcement of a generous transfer by RBI to government that can boost the latter’s spending ability. The 2004 and 2009 Lok Sabha elections are the only two instances since 1991 when the markets reacted strongly to an …

PM Modi predicts record stock market rally on June 4: ‘Can say with confidence…’
7 months ago

PM Modi predicts record stock market rally on June 4: ‘Can say with confidence…’

Hindustan Times  

Prime Minister Narendra Modi said that the stock market will hit new highs following the Lok Sabha election results in which the Bharatiya Janata Party will also get record seats. In an interview with the Economic Times, PM Modi said, “I can say with confidence that on June 4, as BJP hits record numbers, the stock market will also hit …

BJP MPs hail PM Modi for record win in Gujarat
2 years ago

BJP MPs hail PM Modi for record win in Gujarat

Deccan Chronicle  

NEW DELHI: Prime Minister Narendra Modi on Wednesday received a rousing welcome at the BJP parliamentary party for the party's "historic" performance during the recently concluded Gujarat Assembly elections. For his part, crediting the BJP's organisational strength and the cadre for the poll performance in Gujarat, Mr Modi heaped praise on the party's state unit, especially its president C.R. Mr …

As Modi's GujaRath Crushes Records, Opponents & Critics, the Amazed World Has This to Say
2 years ago

As Modi's GujaRath Crushes Records, Opponents & Critics, the Amazed World Has This to Say

News 18  

As the colossal majority of Gujarat voters stamped their approval on Prime Minister Narendra Modi’s exhortations during poll rallies, the astonishing record win left the world amazed. Citing how BJP has not lost a Gujarat assembly election since 1995, Japan’s Nikkei Asia attributed this win to Modi’s popularity in the state of Gujarat. Jawaharlal Nehru University professor Ajay Gudavarthy told …

BJP election victories revive stock markets
2 years, 9 months ago

BJP election victories revive stock markets

India Today  

On Friday, the stock markets headed for weekly gains, days after the ongoing Russia-Ukraine war, surging international oil prices, and inflation fears continued to impact shares. Stock market investors turned their focus on election results in the country's most populous state of Uttar Pradesh as the outcome offers clues to the national mood before the next Lok Sabha polls in …

UP Election Result 2022: How Uttar Pradesh results will impact share market
2 years, 9 months ago

UP Election Result 2022: How Uttar Pradesh results will impact share market

India Today  

Election results impact the performance of the stock market as investors' sentiments tend to depend on who is gaining access to the seat of power. Counting for five state assembly polls in Uttar Pradesh, Uttarakhand, Punjab, Manipur and Goa are going on today and results are set to be declared by the Election Commission. The Russia-Ukraine war, surging international oil …

Discover Related