The domestic equity markets are expected to extend gains following the strong showing of the Narendra Modi-led Bharatiya Janata Party (BJP) in the state elections - a crucial precursor to the general elections in May. The BJP decisively secured victories in three of the four key states - Madhya Pradesh, Rajasthan, and Chhattisgarh. While the battles in these three states were closely contested, the scale of the BJP's triumph has surprised many, heightening expectations for regime continuity in 2024 - a positive catalyst for the markets.
Market chatter suggests that the BJP could win fewer than 300.
The monsoon session is expected to commence in the old Parliament building and later move to the new building, sources said. The new building was inaugurated by Modi on May 28.
Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.
Notably, Yadav, the younger son of Rashtriya Janata Dal's founding president Lalu Prasad, had steered the 'Mahagathbandhan', which then did not have the chief minister on its side, to an impressive electoral performance in 2020 assembly polls in which the National Democratic Alliance could barely scrape through.
Top leaders of Opposition parties will brainstorm at a meeting in Patna on Friday to chalk out a roadmap for the formation of an anti-Bharatiya Janata Party front for the 2024 Lok Sabha polls, with sources saying that they would look to avoid the prickly leadership question and emphasise on common ground.
It said early polls suggested the BJP should win the largest number of votes and seats, giving it the opportunity to form a government.
Pawar, who had surprised the BJP by forging an unlikely alliance of Congress-Shiv Sena-NCP to form government in Maharashtra after the 2019 assembly elections, has already appealed to opposition parties to keep aside differences and join hands to challenge the Modi juggernaut.
Says a BJP win would raise business confidence and, as a result, the chances of a new investment cycle
Criticising Narendra Modi-led Bharatiya Janata Party government for its "insensitive" approach towards farmers, Congress leaders on Thursday gave Rs 1 lakh each to family members of three farmers who committed suicide due to crop failure early this month.
Gujarat Pradesh Congress Committee President Arjun Modhwadia tells Premal Balan how the Congress plans to expose the incumbent government and turn the tide in its favour
The Congress is gearing up to demonstrate a political show of strength on Monday when the party leader Rahul Gandhi will appear before the Enforcement Directorate (ED) in connection in connection with a money laundering case linked to the National Herald newspaper.
Rejecting suggestions by President Pratibha Patil to modify Gujarat Control of Organised Crime bill, the Narendra Modi led Bharatiya Janata Party's government on Tuesday re-introduced the bill which was passed by the state assembly.
Alleging that Gujarat Chief Minister Narendra Modi-led Bharatiya Janata Party government has failed on all fronts, the Congress on Wednesday said the party will win with clear majority in the upcoming assembly elections in the state.
What 'Maun'mohan Singh has to say on Lalitgate
One's religious faith is a private affair, and the government had no business to make laws on it, the Congress said.
The fact that chief minister Buddhadeb Bhattacharya's personal popularity and charisma has declined is now helping Mamata. People who ridicule her as a 'woman full of antics' cannot ignore the fact that despite losing a series of elections, she has not quit. She believes you are not defeated unless you quit.
The Congress' state in-charge B K Hariprasad has already taken responsibility for the defeat and has said there were organisational weaknesses in the party in the western state that need to be plugged. A debate has already begun whether Modi's impressive show was due to the chief minister exploiting the 'tactical mistake' of Gandhi's 'liars and merchants of death' remarks.
Narendra Modi-led Bharatiya Janata Party will not only return to power in Gujarat but also perform better in the recently-concluded elections than what has been projected by various exit polls, says a senior party leader.
With polling of votes for the Gujarat assembly elections drawing to a close on Sunday exit poll results indicate that Narendra Modi-led Bharatiya Janata Party is set to regain power in the state.
Will the Narendra Modi-led Bharatiya Janata Party be able to improve its tally of 282 seats in 2014? Will Rahul revive the Congress's fortunes?
A tally around 150 in Gujarat can see the index hit 10,700 levels going ahead
Late selling in realty, PSU and infrastructure stocks mainly dragged the market from early highs.
The Minister of state for home's comment came after the Arunachal Pradesh Congress Committee accused the Narendra Modi-led Bharatiya Janata Party government of trying to convert Arunachal Pradesh into a Hindu state.
The Congress party will have an elected president by June 2021, with the party's working committee on Friday approving holding the internal election after the assembly polls.
It is largely due to his vision and efforts that we have almost quadrupled our per capita milk availability in the last 40 years, points out Shailesh Dobhal.
Five Congress ministers lose. Only Sonia Gandhi and Rahul Gandhi win.
While Yechury feels CPI-M should unite with others to fight the 'growing danger of fascistic forces', Karat camp says it should fight the BJP, but not have any leaning towards the Congress or other opposition parties.
Ghulam Nabi Azad said this was just a beginning of the alliance process and the nitty-gritty would be decided in the next one or two days.
The Karnataka election is being seen as the semi-final to the 2019 general elections and appears to be heading towards a close fight
It was a case of 'buy on hopes and sell on news' as the Indian market posted only modest gains despite a landslide victory to Narendra Modi-led Bharatiya Janata Party (BJP).
'The way opposition parties such as the Nationalist Congress Party, Shiv Sena, the Samajwadi Party, Rashtriya Janata Dal and the Jharkhand Mukti Morch have supported her, if she wins, she will be the biggest opposition face for 2024'
Between now and the general elections (likely in May 2019) there are 12 assembly polls, which analysts say, in a way will also be interpreted as a referendum on the Modi-led government's key reforms
While Karat is opposed to any understanding with the Congress, Yechury is of the view that the situation warrants putting together a national alternative to the BJP, reports Archis Mohan.
Can the poll outcome be a trigger for a meaningful correction?
Instead of being carried away by Friday's historic election verdict, savvy investors were seen taking money off the table, after the benchmark Sensex rallied about 1,500 points in intra-day trade.
Growth in cities has lagged villages as consumers troubled by persistently high inflation have cut spending in the past two years.
The Narendra Modi-led Bharatiya Janata Party could suffer in the Lok Sabha polls due to "overconfidence" as its campaign is going on the lines of its 2004 "India shining" slogan, nationalist Congress Party chief and Union Agriculture Minister Sharad Pawar said on Thursday.
Why does Punjab's CM find it hard to fulfill poll promises?
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances