If the outcome is along predicted lines, experts say the current euphoria may continue for some more time until the focus shifts to valuations and earnings
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The Embassy of Israel has adopted a unique strategy in response to the Maldives' ban on Israeli passport holders by promoting tourism in India as an alternative destination
Exit polls for the 2024 Lok Sabha elections project a big victory for the BJP-led NDA. BJP leaders welcomed the predictions, while Opposition dismissed them as a 'psychological and corporate game'
The exit poll might have reduced some nervousness in the market, but it still remains reasonably high, given the current IVs. Only after India VIX falls back to normal levels,things shall get even.
A total of 851 candidates -- 771 men and 80 women -- were in the fray in the elections in Uttar Pradesh, with the maximum of 28 in the Ghosi Lok Sabha constituency and the minimum of four in Kaisergan
The exit poll numbers are very strong for the incumbent government, Narendra Solanki, Head Fundamental Research - Investment Services, Anand Rathi Shares and Stock Brokers, said
NDA is forecasted to win ~370 seats (NDA had won 353 seats in 2019) according to the average of all exit polls.
These thoughts were penned by PM Modi on 1st June between 4:15 PM and 7 PM during his return flight from Kanyakumari to Delhi
If the projections are accurate, investors will likely focus on expected policy continuity and a push for economic reforms
The rupee should open higher on Monday and appreciate over the next day or two but could face some resistance near 83.10, a foreign exchange trader at a state-run bank said
But 10-year returns finish line still elusive
The counting of votes for the 543 Lok Sabha seats is scheduled for Tuesday. Exit polls broadcast on Saturday predicted a win for the BJP-led NDA
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"It is commendable how they went across the state and connected with the people," PM Modi said
Government sources said Modi is also chairing a meeting to review the 100-day agenda of the new government to be sworn in after the Lok Sabha results are announced on June 4
Lok Sabha elections exit polls: Ten years of the Narendra Modi government have set expectations and given a framework for investors
Jairam Ramesh also hit out at Prime Minister Modi for holding several meetings, including a long brainstorming session to review the 100-day agenda of the 'new government'
The polls suggest the Bharatiya Janata Party-led alliance will clinch substantially more seats than the 272 required for a majority in the 543-seat lower house of parliament
He will also chair a meeting to review the heatwave situation in the country besides another meeting to review the preparations to celebrate the World Environment Day