“PM Modi Predicts Record-Breaking Surge in Indian Stock Market on June 4: Insights for Investors”
In an interview with NDTV Profit, PM Modi talked about how the government has been creating jobs and the trends in stock market investments. He predicted that the stock market’s performance during the election week will indicate which party might come into power. He also mentioned that the value of public sector banks is increasing, and that programmers will have a lot of work on June 4.In an exclusive interview with NDTV’s chief editor Sanjay Pugalia, Prime Minister Narendra Modi defended his government’s record on job creation, dismissing opposition criticism. He also pointed out that more young people are now looking to invest in the stock market.
PM Modi stated that how the markets perform during the week when the Lok Sabha election results are announced will indicate who is likely to win. The election results will be revealed on June 4.
In an interview with NDTV Profit, PM Modi mentioned that the stock market was at 25,000 points when his government came into power, and now it has reached 75,000 points.
In an interview with NDTV Profit, PM Modi mentioned that the stock values of Public Sector Undertaking (PSU) banks are increasing. He also said that stock market programmers will be very busy on June 4. So, let’s wait and see what happens.
Today, Monday, May 20, is the fifth phase of the 2024 general elections. Voting is taking place for 49 Lok Sabha seats across six states and two Union territories.
Bihar, Uttar Pradesh, West Bengal, and Maharashtra are among the states voting today. So far, voting in four of the seven phases has been completed on April 19, April 26, May 7, and May 13.
Here are 10 key points from PM Modi’s interview with NDTV:
- Indian stock markets (NSE and BSE) are expected to reach new highs after June 4.
- Stock prices of Public Sector Undertakings (PSUs), especially Hindustan Aeronautics Ltd, are rising significantly.
- More young people are investing in the stock market, and they should be encouraged to take risks.
- States need to practice both cooperative and competitive federalism to attract more foreign investors.
- The current government has supported pro-entrepreneurship policies and made numerous economic reforms.
- The push for infrastructure focuses on four pillars: skill, speed, size, and scope.
- Citizens should be more willing to take risks.
- Fiscal discipline is crucial, and it’s important to stick to the fiscal deficit control policy.
- Green technology can create many jobs.
- Welfare schemes are a key part of India’s social infrastructure.