Sunday, January 12, 2014

Narendra Modi color Dalal Street

BJP government in four key states expect the stock market on Thursday gave new Prwaj . After the general elections in these states, the BJP government in the hope of becoming the Sensex touched a one-month high . According to experts, the reason behind the bull BJP's prime ministerial candidate Narendra Modi is the industry -friendly image . Several international agencies have already claimed that Modi becoming PM will improve the country's economy .
Concluded on Wednesday came after the Assembly elections in the five states surveyed could become BJP government in four provinces . The news of the day had brought new energy into the Dalal Street . The Bombay Stock Exchange ( BSE ) Sensex up 457 points lead had taken the afternoon . This is because of the profit Sensex closed at 20957.81 with a gain of 249.10 points . National Stock Exchange ( NSE) Nifty also gained 80.15 points, or 1.3 per cent to close at 6241.10 .
Similarly, inter -bank foreign exchange market is also showing the effect of BJP anytime . The rupee strengthened by 30 paise occurred in The day a month highs Indian currency closed at 61.76 per dollar .
Changing political climate in the country has maintained a silence about the domestic economic agencies . In contrast, foreign rating agencies , foreign banks and economic research agencies are constantly comment on it . According to the report, Modi's image , the industry is more caring .
CLSA another international agency said that the polls are correct is clear that the BJP central power could return . The possibility of a strong central government is expected to remain bullish in the stock market even further .
Private sector life insurer Aegon COO Religiyr Sriwastav Yatish the ' Dainik Jagran ' told to trust the current government is already so low . In a democracy, the political situation has sunk in the market .

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