Prime Minister Narendra Modi led the BJP to a massive victory on May 23rd 2019. PM Narendra Modi sealed a second term as the Prime Minister of India with a landslide victory. The BJP won 303 seats and the NDA a mammoth 353 seats. Along the way PM Modi touched a major milestone. This was the biggest repeat mandate in 48 years. The last time someone won like this was way back in 1971. Indira Gandhi won a massive victory in the 1971 elections with a tally of 352. The slogan then was ‘Garibi Hatao’.
This is what the Prime Minister had to say on his massive victory. “Together we grow. Together we prosper. Together we will build a strong and inclusive India. India wins yet again.” A number of World leaders Donald Trump the President of the USA, China’s Xi Jinping, Pakistan’s Imran Khan Israel’s Benjamin Netanyahu and Russia’s Vladimir Putin congratulated Narendra Modi on this great win.
Now comes the big question. What impact will Election 2019 have on the Stock Markets? Want to know more on Investment Planning? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice/education to ensure that you are not misguided while buying any kind of financial products.
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The BSE Sensex crossed the 40,000 mark for the first time, after PM Modi’s record victory. Yes, the Sensex has scaled Mount 40K. Nifty 50 also crossed the 12,000 mark. This begs the question, which sectors must you choose to invest with Modi 2.0?
Invest in stocks with a 3-5 year time horizon. Expect rate sensitive stocks like banks, capital goods, cement, auto sector, real estate and metals to do well.
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