Trading in the equity market will largely depend on two major events this week - general elections result and the RBI interest rate decision - analysts said, adding that the benchmark indices may rally on Monday on exit polls' prediction of a massive win for the BJP-led NDA and strong GDP data. Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the NDA expected to win a big majority in the polls. Counting of votes will take place on June 4.
'The BJP has killed public anger. They have killed people's self-respect.'
From the 30-share Sensex pack, Mahindra & Mahindra, Larsen & Toubro, State Bank of India, Reliance Industries, ICICI Bank and Bajaj Finance were the biggest gainers. JSW Steel and Infosys were the laggards.
From Instagram to X, social media platforms, in the run-up to the polls have seen bitter poster wars and even bitter meme battles for political one-upmanship.
Debutant legislator Rekha Gupta was sworn in as Delhi chief minister along with six ministers on Thursday in a grand show of strength full of colour and spectacle to mark the Bharatiya Janata Party's return to power in the city after more than 26 years.
'Log kehte hai desh to humne Modi ko diya hua hai, par pradesh nahi diya hai (we have given Modi the mandate to run the nation, not the state).'
With Nitish Kumar on its side, a BJP-led government may feel increased pressure to conduct a nationwide caste-based census.
In an apparent reference to Sonia Gandhi, Modi said some INDIA bloc leaders left the Lok Sabha and moved to the Rajya Sabha as they have no courage to contest elections.
Larsen & Toubro, Axis Bank, Reliance Industries, UltraTech Cement, Mahindra & Mahindra, IndusInd Bank, ICICI Bank and Tata Steel were the other big gainers. Sun Pharma, HCL Technologies, Asian Paints, Nestle and Infosys were the laggards.
Predictably, many RJD leaders, including its spokesperson Sarika Paswan, shared the video of Kumar who had lambasted the party's president Lalu Prasad and the latter's wife Rabri Devi for their alleged dismal performance as chief ministers of Bihar.
The coming weeks are sure to have a lot of drama unfolding in Maharashtra, predicts N Sathiya Moorthy.
Modi also berated the Rashtriya Janata Dal-Congress combine in Bihar, calling it an alliance of "double-double yuvraj" (two crown princes) whose sole concern was to protect their "respective thrones".
Top leaders of the Opposition's Indian National Developmental Inclusive Alliance (INDIA) held talks in an informal setting in Mumbai on Thursday evening to chart out a concrete roadmap and evolve a structure for cooperation among the alliance partners to take on the Bharatiya Janata Party (BJP) in the 2024 Lok Sabha polls.
'BJP's ultimate ambition is to control Bihar independently.'
Despite the Bharatiya Janata Party-led National Democratic Alliance throwing all its weight to snatch Jharkhand from the hands of a Jharkhand Mukti Morcha-headed coalition, the saffron camp suffered a debacle leaving the party's rank and file wondering what had gone wrong.
Campaigning for May 13 elections in 96 Lok Sabha constituencies across 10 states and Union territories including all seats in Andhra Pradesh, where assembly elections are also being held concurrently, and Telangana concluded on Saturday evening.
Curfew was relaxed in three Imphal Valley districts on Tuesday and the suspension on broadband internet lifted with conditions, even as Chief Minister N Biren Singh blamed the Congress for the present crisis in Manipur and NDA MLAs called for a "mass operation" against militants responsible for the killing of six women and children. Peaceful rallies were also staged across the state, with hundreds taking to the streets with empty coffins in Churachandpur district, demanding justice for those killed in a gunfight with the security forces in Jiribam, and members of various civil society organisations bringing out a procession in Imphal West district to protest the reimposition of AFSPA in parts of the state.
The Trinamool Congress (TMC) is unlikely to attend a meeting of the INDIA bloc on June 1, sources said, as it coincides with the last phase of voting in the ongoing Lok Sabha polls.
Political parties have fielded sons, wives and daughters-in-law of legislators who quit after being elected to the Lok Sabha.
Equity investors suffered a massive loss of Rs 31 lakh crore on Tuesday as markets went into a tailspin with the BSE Sensex tumbling nearly 6 per cent as vote counting trends showed the BJP may not have a clear majority in the Lok Sabha polls. Erasing the record-rally of the previous trade, the 30-share BSE Sensex cracked 4,389.73 points or 5.74 per cent to settle at 72,079.05. During the day, the benchmark tanked 6,234.35 points or 8.15 per cent to hit a nearly five-month low of 70,234.43.
The leaders attacked the BJP, accusing it of trying to create "Hindu-Muslim disturbances" to benefit politically and making false claims and promises.
However, in 950 booths, voting will end at 4 pm, though people standing in the queue at that time will be able to exercise their franchise.
Prime Minister Narendra Modi was on Tuesday poised to form the government for a third consecutive term with the Bharatiya Janata Party-led National Democratic Alliance getting a majority in the Lok Sabha, notwithstanding crushing losses in three Hindi heartland states after a bitterly fought election that was projected as a referendum on his popularity.
The delay in finalising a seat allocation agreement among the Maha Vikas Aghadi allies for the upcoming Maharashtra assembly elections has ignited concerns among smaller constituents as the nomination process commenced on Tuesday.
Former Lok Janshakti Party president Chirag Paswan on Sunday asserted that every party wants him to be on its side, indicating he could tilt towards the one that offered a better bargain.
Tejashwi accused the Nitish Kumar-led government of meting out "step-motherly" treatment to migrant labourers.
'I am shocked that the BJP makes so many commitments. What did they deliver as the NDA?'
In a village of Rajputs, the vote is for Modi even though the BJP is not contesting from here.
Commenting that running a country is not a play for those born with a golden spoon, Modi said, "They have gone from Amethi and will go even from Rae Bareli."
'More than 9.5% new voters have been added to the electoral voters' list compared to the 2024 Lok Sabha election.' 'This led to an increase in about 5% to 6% in total votes polled for this assembly election.' 'That has tilted hugely in our favour because we worked hard for registration of these voters and concentrated on bringing out these new voters out during this assembly election.'
The 94 constituencies which are going to poll on November 3 are in 17 districts: West Champaran, East Champaran, Sheohar, Sitamarhi, Madhubani, Darbhanga, Muzaffarpur, Gopalganj, Siwan, Saran, Vaishali, Samastipur, Begusarai, Khagaria, Bhagalpur, Nalanda and Patna.
The parties which gave chief ministers and sent scores of MPs to Parliament, drew a blank this time.
Among the 30 Sensex companies, Larsen & Toubro, Power Grid, NTPC, State Bank of India, Reliance Industries and HDFC Bank were the biggest laggards. Sun Pharma and Nestle were the only gainers.
Social distancing norms would be ensured at the rallies with people having to wear face masks, besides arrangement for sanitisers being made, Fadnavis said.
The stakes are significant for the BJP in this round as the party had in 2019 won an overwhelming majority of these seats, including all in Gujarat, Chhattisgarh, Bihar and Madhya Pradesh, that will go to polls on May 7.
The opposition party's remarks come after Bihar ministers claimed that the latest report of NITI Aayog's Sustainable Development Goals (SDG) India Index 2023-24 vindicated the state's long-standing demand for greater central financial assistance.
always say the same thing at the last rally in every election that 'ant bhala to sab bhala', says Nitish.
The colourful rally galvanised the BRS workers who shouted slogans hailing the party-led regime's welfare schemes in Telangana and peppy political songs praised Rao's 'national' emergence.
Five days before the Big Opposition rally in Patna, one of the Mahagathbandhan's allies will walk out of the ruling alliance.
'We want to strengthen hands of Modiji and sure that LJP (Ram Vilas) will contest polls as an ally of NDA.'
