There are so many stocks that have a chance to go up after the 2024 elections in India. The impact of the Indian elections will soon be felt in the Indian stock market, and many companies will profit from it after the election.
So many deals will be signed after the election, and so many big investors from India, or DII and FII, will invest in the Indian market soon.
A small overview: the Indian share market is going to boom soon after the election. So many big investors in India will invest their money in some specific sectors that are going to be discussed soon in this article. In the Indian market, many sectors will get more and more profit after the election, and if the BJP wins, then so many sectors will boom at the end of 2024. Instead of Indian investors, soon both DII and FII will be investing in the Indian market with bulk amounts. Many big and small investors are waiting for the election result that was held on the 1st week of June. But I know you have some questions here!
Let’s clear up all doubts, like which sectors will rise, which stocks will get more profit, which companies will get more deals, and many more.
The best stocks for the election:
So many stocks are in india that will be give us best returns after election, during election rally or after election stock market will boom but if you want to know which stocks can give the best returns and what are the best stocks to invest then let’s understand it sector wise. Because not any specific stocks are available here, that’s only going up. Learn it by sector. So many sectors are here that can go up soon, just after the 2024 election result date.
BJP manifesto that affects the stock market:
According to the BJP manifesto report, the BJP wants to work everywhere in India to grow India and help people. But what things are in the BJP manifesto?
The BJP promised to work for villagers, build better infrastructure, water supplies, better health, and so many more things. (Read here)
So many sectors are here with the BJP manifesto that will give investors a big return if the BJP wins this election. Let’s learn it in depth.
According to Phillip Capital Report:
-BJP next term strategy;
- Manufacturing
- Exports
- MSMEs
- Employment
- Rural income
- Digital Infrastructure
- Housing
- Defence
- Railroads
- Aircraft
- Electricity
- Roads
- EV
- Renewable energy
- Automobiles etc.
After election and in BJP government these sectors are going to boom soon. Right now many stocks from the list are focused by the government and investors invest on these sectors. Just for example: Renewable energy sectors, Railroads, Infrastructures and other sectors are doing well right now or after election and if BJP government won this election, they will focus on these sectors. Even they will focus on every sectors.
Major Beneficiaries:
- Autos (EV)
- Cement
- Metals + Pipes
- Real Estate
- Alternative fuels (solar, ethanol, hydrogen)
- Financial (PFCs, NBFCs, PSBs)
- Pharmaceuticals (CDMO)
- FMCG
- EMS
- Hotels
- Airlines
Specially these sectors will be affected after the election when the BJP wins. These sectors and stocks will get more benefit, so these sectors and stocks are in the eyes of big investors. So many big investors will invest in these sectors soon. You have the best opportunity to invest your money and get the best return from the stock market.
Also read this – Which stocks will benefit from Tesla in India?
Auto (EV) sector stocks:
According to the report or the analysis, here are some EV sector stocks that can go up after the election. The government will focus on the EV sector to develop India more and more.
Best stocks;
- Tata Motors
- Ashok Leyland
- Samvardhana Motherson
- TVS Motors
- JBM Auto ltd
- Mahindra & Mahindra
Renewable energy sector stocks:
Here are some best stocks to invest in renewable energy sector;
- Adani Green Energy
- Tata Power
- NHPC
- Adani Power
- JSW energy
- NTPC
- Amara Raja Energy & Mobility Ltd
- Borosil Renewable
Steel sector stocks:
Here are some best stocks to invest in Steel sector;
- JSW Steel
- Tata Steel
- Jindal Steel
- SAIL
Cement sector stocks:
Here are some best stocks to invest in Cement sector;
- UltraTech
- Ambuja Cement
Natural Gas:
Here are some best stocks to invest in Natural Gas sector;
- GAIL
- Petronet LNG
- IGL
- Mahanagar Gas
- Gujarat Gas
- Adani Total Gas
Metal + Pipes stocks:
Here are some best stocks to invest in Metal + Pipes sector;
- Welspun Corp
- Maharashtra Seamless
- Ratnamani Metals
Railway Infrastructure:
Here are some best stocks for this sector;
- APL Apolio
- JTL
- Surya, Hi-Tech
MSME sector stocks:
Here are some stocks from MSME sector;
- Shriram Finance
- Bajaj Finance
Stocks for Har Ghar Jal Scheme:
- Jindal Saw
- Welspun Corp
- Electrosteel Castings (NR)
- Hi-Tech
- JTL Industry
- Surya
- APL Apollo
For the housing scheme Housing and Urban Development Corporation (HUDCO) is the best stock for investment.
Note: There are more stocks or many sectors in which to invest your money, but these are the best for a fast return. FMCG, ethanol, and other sectors are still on this list, but before this, invest in these stocks that are mentioned in this article. After the election, Nifty and Bank Nifty can go up and down, but if the BJP wins, then Nifty and Bank Nifty will goes up, which affects all the markets on the positive side.
Defence sector stock – Check this
How to invest in these stocks from the safe side:
If you want to invest your money, then do your personal analysis before investing. Do safe investment after analysis, and if you have any stock investors, then take advice from them and invest your money; otherwise, you can check the news or read more articles for more clarification.
(Conclusion: If you are waiting for the election to invest money, then read this complete article. In this article, we provide you with the best information that can help you make your investment. Note that we are not SEBI-registered platforms. So, we just give you the information. Do your personal analysis before investing.)