Day: June 5, 2024

Market Meltdown: Sensex Plunge Wipes Out Rs 26 Lakh Crore, Adani Group Suffers Massive Losses

Manish Kumar

A tumultuous day shook the Indian equity market as the Sensex plummeted by a staggering 3,690 points, marking one of the most severe downturns in recent history. The tumultuous turn of events was triggered by early election trends indicating a closely contested battle between the NDA and the opposition INDIA bloc in the Lok Sabha elections. As the trading day progressed, the BSE’s market capitalization witnessed a significant erosion, plummeting to Rs 400 lakh crore by 11 a.m. from Rs 426 lakh crore at Monday’s closing bell. Adani Group stocks…

Narendra Modi’s Landmark Victory: Reinforcing Democracy’s Resilience

Manish Kumar

In a historic turn of events, Prime Minister Narendra Modi is poised for an unprecedented third term, marking a triumph for the world’s largest democracy. The BJP’s ambitious aspirations, set at 370 seats with a NDA target exceeding 400, faced a sobering reality check as the electoral map unfolded. In West Bengal, Mamata Banerjee’s Trinamool Congress reclaims lost ground, denting BJP’s hopes in the region. Maharashtra, embroiled in political upheaval, showcases discontent with the Shiv Sena-NCP alliance, as BJP and Congress vie for supremacy. Prime Minister Modi’s tweet acknowledging the…

Union General Election 2024: NDA Is Ready For 3rd Term

Manish Kumar

General elections were held in India from 19 April to 1 June 2024 in seven phases, to elect all 543 members of the Lok Sabha.[b] Votes were counted and the result was declared on 4 June. More than 968 million people out of a population of 1.4 billion people were eligible to vote, equivalent to 70% of the total population. 64.2 crore (642 million) voters participated in the election and 31.2 crore (312 million) of them were women, making it the highest ever participation by women voters. The legislative assembly…