Share market news: Domestic investors are excited for the Lok Sabha election results on June 4. Many brokerages have made predictions about what could happen on Dalal Street after the results are announced.
Share market news: Indian share market scenario after lok sabha elections 2024
The BJP is expected to win a third term. This is already reflected in the market rally despite some ups and downs. Some brokerages have even shared which sectors or stocks they think will benefit if the BJP wins with a strong majority.
Share market news: Experts views on Share market after lok sabha elections 2024
UBS highlighted that industries such as defense, capital goods, manufacturing, and power are expected to perform well if the BJP-led NDA secures another term. It cited the party’s commitment to improving infrastructure and promoting domestic manufacturing.
Share market news: Energy, infrastructure and capital goods will be on demand
Prabhudas Lilladher also noted the potential continuation of current policies if the BJP-NDA government is re-elected. He stated that this could benefit sectors such as infrastructure, defense, capital goods, renewable energy, and tourism.
The brokerage firm suggested that industries like consumer goods, two-wheelers, and tractors could see growth due to increasing rural demand and positive monsoon forecasts.
Raamdeo Agrawal is chairman and co-founder of Motilal Oswal Financial Services. He emphasized that sectors such as defense, infrastructure, railways, and capital goods are likely to thrive if the BJP returns to power.
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