MP, Rajasthan, Chhattisgarh have combined 66 or 12% of Lok Sabha seats – and the BJP-led National Democratic Alliance had swept through the 2019 general elections, winning 64 seats even after losing after the state elections in late 2018. “A stable political environment could further boost investors’ confidence and drive the markets higher, with the possibility of benchmark Nifty 50 attaining 20500-20800 levels going ahead,” said Prashanth Tapse, Senior VP (Research), Mehta Equities.
International Gemmological shares soar 10% on acquisition of 2 companies
Shares of the newly-listed International Gemmological Institute (IGI) surged 10% to hit the upper circuit and a new high of Rs 580.45 on the BSE,