India goes to Lok Sabha Elections every five years. General elections are over in India to constitute the 17th Lok Sabha. One question that plagues all is how did BJP regain reign again in 2019. BJP holds power with an alliance partner in India and the atmosphere is full of growth and reforms with NDA 2. The Budget was a story full of Agri and Infra reforms that will boost the investment cycle and create headroom for employment generation.
Lok Sabha Elections update
The much-awaited event results are out and BJP has registered a clear majority win. The BJP alone won 303 seats and the NDA alliance won a total of 353 seats in the Lok Sabha elections. The speculation regarding the number of seats the BJP government could win or lose due to some big decisions like demonetization, GST has worked in their favor. Moreover, the Congress party has failed to even have the minimum number of seats required to form an opposition in the government.
Supporters of NDA
There were great speculations regarding the parties which would come ahead and support the BJP government if they fell short on the seats, this question now has become null and void due to the election outcome. The BJP is in need of any outside support as the support of the NDA alliance still persists. The big names in the alliance like Shiv Sena, JDU have supported the BJP government and also some of the NDA alliance parties have even had their representatives in the new cabinet.
Current Issues of NDA
Rising fuel prices, quelling farmers’ wrath, raising India’s infrastructural growth, providing a solution for India’s water problem, and distribution of jobs to the youth of the country remains a big challenge for NDA2. The recent government policy on minimum support prices for Kharif (rainy season) crops, is facing delayed implementation which is creating unrest within the farming community. The employment and jobs will be on the priority list of the new government.
Despite the opposition, major transformation transpired in the civil services and in the banking sector via the bouquet of welfare schemes like Toilets, Electrification, WiFi, LPG, MSP, GST, OROP, etc. The government successfully established a connection with the Indian people through Mann Ki Baat radio show. We are poised to record economic growth and the world is praising our economic reforms. Some strong development steps have boosted public confidence. The strong action taken regarding the nation’s security has gained a huge diplomatic advantage for the government.
However, during the result of the election, the market becomes very volatile and this information is very closely monitored by traders and investors to take advantage of the market. However, from a long-term investor’s perspective, this time frame of elections can provide a great opportunity to invest in quality stocks with strong fundamentals at a cheaper price due to volatility. All you need to do is explore the different fundamental and technical scans for the stocks and sectors which get impacted by elections, and trade/ invest accordingly.
Where can you find them?
Under the Stockedge App in Premium tab, we have a ready watchlist section that outlines some themes and stocks which can get impacted from various criteria like the Government policies, the trade war, the monsoon, the rising crude, the rising rupee, etc. Here you can check out all the scans in which the stocks fall, all the news flow in the outlined stocks, and any corporate announcements or corporate actions that have taken place for the stocks outlined.
You can even check out if any bulk or block deals have happened for the chosen stocks. All in all, you can have a 360-degree outlook on the theme that is playing out. Thus if any of these themes catch market fancy then you can know which stocks can generate the best return for you.
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