New Delhi: All eyes are set on the Lok Sabha Election 2024 Results that will be declared on June 4. The Stock Market enthusiasts are also eagerly awaiting the poll results to strategise their trading options. Meanwhile, market expert, and Mantri Finmart founder, Arun Mantri, advised the investors to keep the trading options low for today (Monday) and tomorrow (Tuesday) as there is still uncertainty in regards to the General Election Results.
The expert advised the investors to accumulate stocks of sectors including infrastructure, cements, banks, defence and FMCG. While speaking to News9, Mantri stated that the investors’ should buy the stocks with a perspective of 2-3 years.
Election Results: What PM Modi said on Stock Market
In an interview to a news channel in May 2024, Prime Minister Narendra Modi had said that the stock markets will hit record highs on June 4, the day when the Lok Sabha Election 2024 Results will be declared. He backed his statement saying that the BJP-led NDA government’s 10-year rule has ensured implementation of pro-market reforms and transparent financial ecosystem.
PM Modi exuded confidence in BJP to win a record number of Lok Sabha seats and the stock market hitting new record peaks.
Lok Sabha Election Exit Poll Results
TV9 and People’s Insight-Polstrat Exit Polls predicted Narendra Modi-powered BJP to secure an absolute majority in the recently concluded Lok Sabha Election 2024. The exit poll estimate the BJP to win around 310 seats, while NDA 346.
TV9′ exit polls indicated that INDIA alliance might win 162 Lok Sabha seats, with Congress managing only 5.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Stock Market investors are eagerly waiting for Lok Sabha Election Results 2024. Market expert Arun Mantri suggested buying shares of companies involved in the business of infrastructure, cements, defence and FMCG. He also suggested buying banking stocks Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
