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Indian stocks experienced their most significant drop in nearly four years on Tuesday, driven by preliminary election results indicating that Prime Minister Narendra Modi’s alliance might not secure the expected landslide victory. The NSE Nifty 50 index closed 5.45% lower at 21,995 points, and the S&P BSE Sensex declined by 5.10% to 72,562 points. Both
On Monday, the Indian stock market benchmark indices, Sensex and Nifty 50, surged to record high levels buoyed by optimism that Prime Minister Narendra Modi will secure a third term in office. Several exit polls have indicated that the BJP-led alliance is likely to win the 2024 Lok Sabha elections with a commanding majority. Analysts
Nitish Kumar needs the BJP to replicate its 2019 Lok Sabha success, which prompted his recent alliance switch. Banking on his development work over the past two decades, Kumar aims to secure votes and his political future until the next assembly elections. Shrawan Kumar, a close ally and minister for rural development, is actively campaigning
West Bengal Chief Minister Mamata Banerjee reiterated her party’s allegiance to the Opposition’s INDIA bloc on Thursday, dispelling any notions of a split. This clarification came a day after her statement about the Trinamool Congress (TMC) providing external support to form a central government, raising speculations about the TMC’s commitment to the alliance. Banerjee emphasized
Senior BJP leader Sushil Modi passed away on Monday evening at Delhi’s All-India Institute of Medical Sciences after a battle with cancer. The 72-year-old had been receiving treatment in the intensive care unit of AIIMS for the past month. Once the prominent face of the BJP in Bihar, he had withdrawn from the ongoing Lok
