Election Impact: If BJP moves towards victory, then the stock market will see…

Mumbai | Election Impact Share Market: The results of the assembly elections held in 5 states are out. In such a situation, BJP has been successful in winning the trust of the public in 4 out of 5 states. Under these circumstances, a very positive trend has been seen in the Asian markets as well. There was a tremendous rise in the stock market on the basis of buying by the investors excited as the BJP moved towards power. During this, more than one and a half percent increase was recorded in the Sensex and Nifty. BSE’s 30-share sensitive index Sensex rose 817.06 points to 55646.39 points and National Stock Exchange’s (NSE) Nifty rose 249.55 points to 16594.90.

Share market in winning mode: Key factors behind turnaround https://t.co/HRZ2GqbOFM

— Sunder Barange (@sunder_barange) March 10, 2022

If the situation improves, the market will shine

Election Impact Share Market: On the BSE, small and medium-sized companies like giants were also buying, due to which Midcap rose 1.06 percent to 23206.18 points and Smallcap rose 1.18 percent to 26898.29 points. All the groups included in the BSE were up, with FMCG rising 2.68 per cent, Realty 2.16 per cent, Metalu 2.04 per cent and Tech the lowest at 0.24 per cent.

Also read- Election Results: Lessons learned from defeat, CWS meeting will be held soon…

Asian markets rose

Election Impact Share Market: Let us tell you that out of the assembly elections held in 5 states, in Uttar Pradesh, Uttarakhand, Goa and Manipur, the BJP is moving towards forming the government in the trends so far. Aam Aadmi Party has got a bumper victory in Punjab. Due to this strengthening of the confidence of foreign investors towards the Indian economy, there has been tremendous buying in the stock market. However, on the global level, Asian markets were up while European markets remained in decline.

Also read: AAP’s performance in Punjab, Kejriwal and Sisodia worship at Hanuman temple…