India Politics - BJP’s Strong Show To Reinforce Market Momentum: Motilal Oswal

Expectations for political continuity in 2024 to bolster sentiment

People celebrating outside BJP HQ In Delhi. (Source BJP India official x handle)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

As per the state election results and trends available so far, the BJP has comfortably won in three out of four states that went under the polls, beating the exit polls.

The BJP has retained Madhya Pradesh with a strong two-thirds majority, and regained Rajasthan and Chhattisgarh from the Congress with a comfortable majority.

Vote share difference between the BJP and the Congress in MP, Rajasthan and Chhattisgarh stands at 8.2%, 2.2% and 4.2%, respectively.

In Telangana, the Congress has defeated the BRS by a thin majority. Thus, the verdict is clear for all four states. These four states together account for 75 Loksabha seats (out of 544).

Click on the attachment to read the full report:

Motilal Oswal Strategy India Politics.pdf
Read Document

Also Read: Election Results 2023: BJP Secures Victory In MP, Rajasthan, Chhattisgarh; Congress Triumphs In Telangana

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to Unlock & Enjoy your
Subscriber-Only benefits
Still Not convinced ?  Know More
Watch LIVE TV , Get Stock Market Updates, Top Business , IPO and Latest News on NDTV Profit.
GET REGULAR UPDATES