India Stocks, Bonds Set to Gain as Polls Show Landslide Modi Win

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 52 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 63%

Bloomberg News

Narendra Modi,Exit Polls,Election Outcome

(Bloomberg) -- Indian stocks, bonds and the rupee are poised to climb on Monday after exit polls indicated a resounding victory for Prime Minister Narendra...

-- Indian stocks, bonds and the rupee are poised to climb on Monday after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s party.Trump Is Guilty on All Counts in Hush-Money Case. Now What?

While the final results might differ from the exit polls, the strength of the projected victory is expected to benefit risk assets. Indian equities reached a record in May, while the bond markets are near their highest levels in about a year. Most pollsters predict the BJP and its allies to win between 350 and 400 seats. In 2019, the alliance won 352.

India’s gross domestic product grew more than 8% in the fiscal year that ended in March, cementing the nation’s position as the world’s fastest-growing major economy. Donald Trump Verdict Was ‘Another Layer of Poison’ for Melania: ‘She’ll Probably Always Be Mad at Him’ In a video released by Ukraine, Russian soldiers crossing the Dnipro River on a jet ski appear to have been targeted by Ukrainian drones.Charlie Munger once revealed how investors can beat the stock market — here are 3 of his essential tipsAccording to the UK Ministry of Defence, "Corruption is deeply rooted in the Russian MOD, and it is likely that there will be further arrests.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sees India’s Stocks, Bonds and Rupee as Top Emerging Market PicksIndia’s stocks, bonds and currency are among the most attractive plays across emerging markets, thanks to a vibrant economy and policies that shield the country from global markets, according to Goldman Sachs Group Inc.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Stocks and bonds gain as PCE bolsters fed-cut betsStock futures rose and bond yields fell as a cooldown in the U.S. Federal Reserve’s preferred inflation gauge reinforced bets policymakers will have room to cut rates this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stocks regain some ground, bonds steady after rate angst sell-offThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Premarket: Stocks, bonds steady after rate angst selloffThe latest slowdown in the global risk rally has come on the back of data pointing to lingering inflationary pressures and a flood of bond sales lifting yields
Source: globeandmail - 🏆 5. / 92 Read more »

Stocks, bonds slump over global rates angstExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »