General Elections 2024 News


Standard Chartered downgrades equities to ‘neutral’; suggests asset allocation for conservative and aggressive investors

Standard Chartered downgraded equities to ‘neutral’ due to uncertainty post elections, but sees opportunities in large-cap stocks and bonds.

2 min read13 Jun 2024

It takes market about one week after poll results to revert to pre-election levels, says JPMorgan

JP Morgan suggests derivatives strategies for post-election volatility normalisation in Indian equities. Historically, post-election periods experience volatility normalisation, it says,

4 min read5 Jun 2024

Volatility could continue for another two weeks; Nifty may reach 23,500 by December end, says Trivesh D of Tradejini

Trivesh D, COO, Tradejini believes high market volatility may continue for another week or two due to mixed portfolio allocation after the elections. The banking sector is expected to outperform with a projected earnings growth of 14% CAGR.

5 min read5 Jun 2024

CLSA reshuffles India portfolio post election results; limits exposure in ‘Modi stocks’ to only 2

CLSA revises India portfolio post Lok Sabha election results, limiting exposure to ’Modi stocks’ to ONGC and Reliance Industries.

2 min read5 Jun 2024

Avoid ‘narrative’ stocks, focus on fundamentals, says Kotak Institutional post Lok Sabha election results

After a fractured mandate in the 2024 Lok Sabha elections, Kotak Institutional Equities expects investors to focus more on fundamentals and less on narratives. The brokerage anticipates a reset in the market’s investment stance towards ’narrative’ stocks.

2 min read5 Jun 2024

Election results shocker! PSUs unlikely to re-rate, FMCG, private banks in focus, says PL; lists top stock picks

BJP faces setbacks in UP, Maharashtra, and West Bengal, impacting reforms. Global election watch includes US FED’s stance. Brokerage expects PSU, Capital Goods, Infra’s re-rating paused until policy clarity.

2 min read5 Jun 2024

Before Market Opens: 9 essential things to know at 9 am on June 5, 2024

Before Market Opens: Indian markets are likely to open on a negative note on Wednesday extending losses from the massive crash in the previous sessions as the election race was tighter than expected. Let’s take a look at some key cues before the market opens today:

3 min read5 Jun 2024

Lok Sabha poll 2024 Results Int’l Reactions LIVE: Canadian PM Trudeau congratulate Modi, say ‘ready to work with…’

Lok Sabha elections 2024 Results International reactions LIVE: PM Narendra Modi’s electoral success has garnered praise from world leaders including US, Japan, Bhutan, and Nepal, emphasizing the significance of India’s position in global affairs.

14 min read6 Jun 2024

INDIA defies poll predictions while NDA faces huge setback in UP, West Bengal: ‘Surprise number game’ in Election Result

Election Results 2024: INDIA alliance, forged together by their common dislike for the BJP and its ideology, was leading in about 230 seats.

1 min read4 Jun 2024

Markets down 5%: Here’s how markets have performed on previous election result days

Historically, Indian benchmark indices have delivered negative returns on only two of the last six Lok Sabha election result days. In intra-day deals today, the BSE Sensex plummeted by as much as 6,234.35 points, equivalent to an 8.1 percent decline, hitting an intra-day low of 70,234.43.

3 min read4 Jun 2024
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