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PM Modi plays down Dalal Street's uneasiness over election numbers

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Mon, May 20, 2024 04:27 AM

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'Stock market on June 4 will...': PM Modi plays down Dalal Street's uneasiness over election numbers

'Stock market on June 4 will...': PM Modi plays down Dalal Street's uneasiness over election numbers As Phase 5 of Lok Sabha elections gets underway, Prime Minister Narendra Modi, in an interview to a TV channel, played down the nervousness in Dalal Street street on the poll outcome, saying the Indian stock markets will break all previous records on June 4. “You see, the day election results come out, and throughout that week, stock market programmers will get tired of the action,” Modi told NDTV. The Prime Minister said the last 10 years had seen the market hitting the 75,000-level from the 25,000. "The more common people invest in stock markets, the better for the economy. And the risk appetite of every citizen should rise,” he said, pointing to the rally in public-sector firms that underscored the Centre's efforts pushing maximum economic reforms and pro-entrepreneurship policies to strengthen the economy. [Read more](3D/0/2) If you would prefer not receiving our emails, please [Click Here](3D)

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