Indian stock market breaks record on June 4: PM Modi talks about Lok Sabha election results

In an exclusive conversation with Prime Minister (PM) and NDTV Editor-in-Chief Sanjay Pugalia, Narendra Modi defended the Indian government’s job creation record while fending off criticism from opposition parties on the subject. Furthermore, he pointed out that more young people are considering investing in stocks.

Prime Minister Modi said market trends during “election week”, the week in which Lok Sabha election results are announced, will reveal who is likely to return to power. Election results will be announced on June 4th.

In an interview with NDTV Profit, PM Modi said that when the government came to power, the market was 25,000 and now it is 75,000.

Also read: NSE, BSE closed today due to Lok Sabha elections

Take a look at public sector undertaking (PSU) banks. Their stock market valuations are rising. In an interview with NDTV Profit, Prime Minister Modi said the programmers who run the stock market will be fed up with the June 4 action, so let’s wait and see.

Today, Monday, May 20th, is the fifth phase (Stage 5) of the 2024 General Election. Voting is underway for up to 49 Sabah seats spread across six states and two Union Territories (UTs).

Bihar, Uttar Pradesh, West Bengal and Maharashtra are the states scheduled to vote in the fifth phase. Voting will be held in four of the seven phases of the Sabah state election (April 19, April 26, May 7 and May 13). has ended. Phase 5 voting will take place today.

Also Read: Lok Sabha Elections 2024: Voting to be held in Mumbai today! Know what’s closed and what’s open

Prime Minister Modi said in an interview with NDTV Profit that the first 125 days will focus on fulfilling the aspirations of the youth. Thanks to current developments, they are moving towards a bright future for thousands of years to come.

Prime Minister Modi said in an interview with NDTV that now is India’s time.

“We cannot afford to miss this opportunity,” PM Modi added in an interview on NDTV Profit.

Also read: 5th phase of Lok Sabha elections today: Everything you need to know from top candidates to battleground states

Here are 10 key takeaways from PM Modi’s conversation with NDTV.

• Indian stock markets (NSE and BSE) will set new records from June 4 onwards.
• PSU stock prices are rising and Hindustan Aeronautics Ltd. is experiencing exceptional growth.
• Young people often invest in the stock market, so their risk tolerance needs to be strengthened.
• To attract more foreign investors, countries need to practice both cooperative and competitive federalism.
• The current government has pursued policies that promote entrepreneurship while implementing maximum economic reforms.
• The four pillars of infrastructure advancement are skills, speed, scale, and scope.
• All citizens should be more willing to take risks.
• He has been a strong supporter of fiscal discipline. It is important to strictly adhere to fiscal deficit control policies.
• Green technology has the potential to create many jobs.
• An important element of India’s social infrastructure is the welfare system.

Also Read: Stock Market Today: Sensex, Nifty 50 close in green in second special trading session;All sector indices shine

Disclaimer: The opinions and recommendations expressed above are those of individual analysts, experts, and brokerages and not of Mint. We recommend checking with a certified professional before making any investment decisions.