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BJP-led NDA likely to win Lok Sabha election 2024, says Phillip Capital, recommends over 50 stocks to buy

Phillip Capital predicts BJP-led NDA s re-election in 2024, dismissing concerns over low voter turnout. The brokerage firm sees three scenarios for Lok Sabha election outcome, all pointing towards NDA retaining power.

India generalNarendra modiSun pharmaLok sabhaDhanuka agritechKotak mahindra bankCanara bankPi industriesAarti industriesAshok leylandPhillip capitalAndhra pradeshView full imageShriram financeMuthoot financeHero motocorp

BJP seat wins above 325 to trigger market rally, says PhillipCapital; stocks to buy

BJP seat wins above 325 to trigger market rally, says PhillipCapital; stocks to buy
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Election stocks to buy: Phillip Capital has shortlisted 21 ideas for next 1 year

Brokerage firm Phillip Capital has provided a list of 21 stocks that it believes can potentially yield significant returns for investors in the next year, assuming the ruling BJP secures 290-300 seats in the Lok Sabha election results expected on June 4.

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RVNL, HAL among 24 BSE 500 stocks with double-digit returns this week Over 220 stocks end in red

Last week was eventful, though truncated. The BSE 500 index ended with an uptick of 664 points or 2%, following the footsteps of the headline index S&P BSE Sensex that gained 1,500 points or 2% to hit an all-time high of 75,636. The two defence PSU counters and railway play RVNL ended the week with an uptick of 35%, 32% and 27%, respectively.

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Stocks in news: Reliance, Adani Ports, JSW Steel, Vodafone, RVNL, Biocon and KIMS

JSW Steel, Zydus Life, NHPC, Astral, RVNL, Phoenix Mills, Balkrishna Industries, Global Health, GSK Pharma, Delhivery, Bandhan Bank, ZEEL and others will announce their Q4 results later today.

Zydus lifesciencesVikas nigamGlobal healthNorges bankBalkrishna industriesContainer corporation of indiaJb chemicals pharmaceuticalsReliance industriesAmber enterprises indiaKrishna institute of medical scienceGodrej industriesBandhan bankGlaxosmithkline pharmaceuticalsZee entertainment enterprisesRail vikas nigamPhoenix mills