Asian markets traded in the green following overnight gains in the US stock market after soft economic data raised hopes of interest rate cuts by the Federal Reserve. Sentiment in the Indian markets improved after the National Democratic Alliance (NDA) leaders pledged support to Narendra Modi’s Bharatiya Janata Party (BJP) […]
lok sabha election results 2024
Reconsidering its earlier portfolio in light of the unexpected election results, brokerage house Prabhudas Lilladher believes portfolio allocations and future policies of NDA government will be a key determinant of market movements. Severe jolt to BJP in Uttar Pradesh (new PDA social engineering), Maharashtra (fractured parties) and West Bengal will […]
Investors were rattled after the Bharatiya Janata Party (BJP) failed to cross the halfway mark in the lower house of the Parliament and secure a clear majority. However, the BJP-led National Democratic Alliance (NDA) managed only a slim majority to form the government at the Centre. Asian markets traded mixed, […]
Zomato, Paytm, Nykaa, Delhivery, among other new-age tech stocks plunged up to 10% on Tuesday amid overall stock market meltdown. Dalal Street witnessed a bloodbath as the Sensex and Nifty 50 crashed 8% each after the trends in election results 2024 indicates a slim majority for the ruling NDA, falling […]
Adani Group stocks crashed sharply on Tuesday after most of the group stocks hit 52-week highs in the previous session following the overall weak sentiment of the Indian markets after early trends showed that the election result could be tighter than exit polls had predicted. The decline in Adani Group […]
In the first week of June, investors will keenly eye the ongoing Lok Sabha election developments, the upcoming Monetary Policy Committee (MPC) meeting by the Reserve Bank of India (RBI), domestic and global macroeconomic indicators, auto sales figures, foreign fund inflow, crude oil prices, and global cues. Also Read: Bulls […]