Stock Markets and Lok Sabha Elections Results 2019: Undoubtedly today is the most awaited days for stock markets as the fate of incumbent PM Narendra Modi-led NDA government is getting decided today.
The final countings of the electoral votes are showing a very strong inclination of a super clean sweep in favour of Narendra Modi’s leadership. The stock market bull behaviour after exit polls predicting ‘Phir Ek Baar, Modi Sarkaar’ has already suggested that bourses will witness an upsurge if PM Narendra Modi retains power at the Centre.
While the offcial results will take their time to get announced, here are some industry leaders who came forward and shared their opinions.
- “Government should focus on GDP growth, which in turn will improve jobs scenario and agriculture sector: Adi Godrej
- Biocon Chairperson Kiran Mazumdar Shaw tweets a message for Modi’s 2nd term as PM.
- Kotak Mahindra Bank’s CEO Uday Kotak tweets congratulatory message to PM Narendra Modi. “Time for transformation of India. Time for deep reform. I dream of us as a global superpower in my lifetime. Heartiest congratulations to @narendramodi , the BJP, and the NDA.”
- BSE India CEO Ashish Chauhan says Sensex is there because of government. “Sensex can progress only if India progresses.”
The mandate seems to be very clear it NaMO again. However, more industry reactions are expected a majority of the industry players are having a positive frame of mind due to the fact that infrastructure building programs and schemes will continue to motivate the industry.