Modi stocks struggle as Maharashtra polls set for a close finish

Quick Summary:

Indian stocks are showing signs of becoming more affordable, but there's a possibility of further earnings downgrades for small and mid-cap companies.

The downturn in 'Modi stocks' reflects waning confidence in the current administration's economic policies.

Meanwhile, consumers face rising gas prices, adding to the financial strain.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: IndiaAntarctica

Topics: Narendra Modi Nifty 50 Index Small and mid-cap stocks Business news Modi stocks Nifty 50

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 11:23:06 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 600 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23687487

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 19 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #28

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