Search
+
How to file ITR
Tax Saving
ITR Forms
Income Tax Refund
Tax Exemption Limit
Income Tax Slabs
Loans
Car LoanEducation LoanPersonal LoanHome loan
RERA and You
More
Credit Cards
P2PData CenterFuel RatesDiesel RatesPetrol RatesBank Pan NumberBank holidaysPenny StocksTop Performing SchemesTop Star Rated SchemesTop Tax Saving SchemesHighest Risk Adjusted ReturnNew Fund OffersForthcoming DividendsNPSTop Performing NPS SchemeMost Consistent NPS schemesETFPerfomanceLatest PricesListed BondsTraded in Cash MarketULIPsULIP Schemes
CalculatorsRecurring Deposit CalculatorFixed Deposit CalculatorLTCG Tax CalculatorIncome Tax CalculatorRent Receipt GeneratorSIP CalculatorIFSC Bank CodeNPS CalculatorInvoice GeneratorEPF CalculatorHouse Property IncomeHRA CalculatorSukanya Samriddhi CalculatorEducation Loan CalculatorCar Loan CalculatorHome Loan CalculatorPersonal Loan CalculatorRisk Tolerance CalculatorFinancial Fitness Calculator
Interest RatesRecurring Deposit RatesFixed Deposit RatesMCLRLoan EMI
Participate & WinET Wealth
ET Wealth EditionsBuy Wealth MagazineET Wealth Newsletter
Business News›Wealth›Invest›Stocks to buy after Lok Sabha Elections Results 2024: 5 stocks with up to 23.2% upside potential
Read. Lead. Succeed. ET Prime - For Members Only
- Sharp Insight-rich, Indepth stories across 20+ sectors
- Access the exclusive Economic Times stories, Editorial and Expert opinion
Synopsis
While the 4 June crash eroded investor wealth, it may have eased stretched valuations. Experts believe the BJP-NDA government’s economic agenda will largely remain unchanged, though some priorities will be adjusted. Even before the election-induced jolts, the markets had been witnessing volatility. To counter the near-term shocks, invest in companies that have shown stability in the past.
The unexpected election results saw the Indian equity markets suffer extreme volatility in the first two trading days of June. In anticipation of a thumping majority by the ruling BJP, the market saw a 3% gain on 3 June. On 4 June, the Nifty 50 index witnessed its largest single-day drop in four years.The substantial selling pressure, prompted by the BJP’s failure to secure a Lok Sabha majority, caused the index to plummet by 5.93% from its
BY
Sameer Bhardwaj
ET Bureau
14 mins read
Gift A Story
Share member-only stories with your friends or family and help them read it for free.
Gifting Limit Reached!
Hey , no more stories left for you to gift.
No worries! You will get a limit of 15 stories next month to share with your friends and family.
Gift This Story
Stories Left!
You can gift upto 15 stories in a month.
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
- SAVE
- COMMENT
Continue reading with one of these options:
Limited Access
Free
Login to get access to some exclusive stories
& personalised newsletters
Login Now
Unlimited Access
Starting @ Rs120/month
Get access to exclusive stories, expert opinions &
in-depth stock reports
Subscribe Now
ET
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Prime Account Detected!
It seems like you're already an ETPrime member with
Login using your ET Prime credentials to enjoy all member benefits
Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.
To read full story, subscribe to ET Prime
Get Unlimited Access to The Economic Times
₹34 per week
Billed annually at ₹2499 ₹1749
Already a Member? Sign In now
Super Saver Sale - Flat 30% Off
On ET Prime Membership
Claim Offer »
Already a Member? Sign In now
Unlock this story and enjoy all members-only benefits.
'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '
' + h3 + '
' + h4 + '
- ' + listing + '
'; $('#paidSCWidget').html(html); var callback = $('#paidSCWidget').attr('data-callback'); if(callback && window[callback]) { window[callback](); } customDimension.dimension72 += ' | Shown SYFT no Trial_With Missed Paywalled Articles Collection'; } else { _processNormal() } } }); } else { _processNormal(); } } catch (e) { _processNormal(); } }, function () { _processNormal(); }); //console.log('storyCollectionLoad', $); }
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal AdsComment & Engage with ET Prime community Exclusive invites to Virtual Events with Industry Leaders A trusted team of Journalists & Analysts who can best filter signal from noise Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-