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 […]
Modi
The Nifty and Sensex plunged the most in four years as it became clear that the Narendra Modi-led Bharatiya Janata Party (BJP) will fall short of the 272 seats required to form a government on its own. While the BJP-led NDA secured a comfortable majority, the numbers were far below […]
After the Nifty and Sensex ended with the biggest gains in 39 months, experts pointed to a likely encore on Tuesday – If the final results match pollsters’ predictions, that is. On Monday, the Nifty rallied 808 points or 3.58% to the day’s high of 23338.70, before closing 3.25% up […]
Exit polls unveiled on Saturday, following six weeks of polling, indicate Modi’s coalition may augment its current 303 seats in the 543-member lower house, possibly securing the two-thirds majority necessary for constitutional amendments. The final results of the general election involving over a billion eligible voters will be announced on […]