Modi government’s 2nd term: Where to invest in stock market now?

The return of Narendra Modi as Prime Minister has pumped adrenaline into the stock market. As it became clear on Thursday that the BJP will get a clear majority, the benchmark indices created history: the Sensex crossed the 40,000 mark and Nifty rose above 12,000. Though both indices retraced from those levels due to profit booking, the formation of a stable government at the Centre is seen as good news. The markets prefer a strong, stable regime without the crutches of coalition because it ensures continuity in economic policies. “Investors…

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Delhi smog thickens, 2nd worst in 10 years for Nov

Delhi smog thickens, 2nd worst in 10 years for Nov (Photo credit: AFP) The toxic smog choking the capital for the past four days worsened early Thursday morning, with visibility reducing to the second lowest recorded in at least 10 years for November and one monitoring agency showing that the city’s air quality index had again gone off the scale at 500+, a level it had reached a day after Diwali. While calls by experts for emergency measures went unheeded by the government, several schools suspended outdoor activities and urged…

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