Kotak Alternate Asset Managers' Chief Investment Strategist Jitendra Gohil recently warned that the stock market may fall over 20 per cent and should take time to fully recover if the NDA alliance fails to form the next government. Lok Sabha Election 2024 Results:: Today's crash brought bitter memories of 2004 in investors' minds. Sensex had crashed over 15 per cent on May 17, 2004, its biggest ever percentage fall ever, following a surprise NDA loss. On the other hand, stock indices had hit two upper circuits following UPA II's comeback on May 18, 2009. Markets don't like uncertainty -- it likes political continuity.
BJP's Smriti Irani, who is seeking re-election from Uttar Pradesh's Amethi, is trailing Congress candidate Kishori Lal, according to early trends. According to the Election Commission of India (ECI), Irani is trailing by more than 13,000 votes.
Smriti Irani, who had shown confidence in retaining the Amethi seat, has so far secured 29,122 votes as opposed to Kishori Lal Sharma's 43,076 votes
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