Stock Market: With the NDA parliamentary meeting taking place, the stock market is in full swing

Prime Minister Narendra Modi has been elected as the leader of the parliamentary party in the parliamentary party meeting. Many leaders have supported this proposal. As soon as the Prime Minister got the support of the leaders, the stock market saw a stormy rise. During this time, the Sensex rose by 1440 points. On this day, the Sensex reached 76504, while the Nifty rose by 400 points and reached 23,230.

Bank Nifty climbed up by one percent during this period. Actually, as soon as TDP president Chandrababu Naidu supported the NDA government and Narendra Modi was elected leader of the parliamentary party, the trend of the stock market changed completely. The stock market started running fast. According to the data, a stormy rise was seen in the stock market and many stocks were successful in jumping up to 15 percent.

All the stocks in the top 30 stocks of BSE Sensex are trading in the green. During this period, Wipro has also seen a rise. Wipro’s stock has climbed up to 5%. Shares of Infosys, Bajaj Finance, Tata Steel have also seen a rise. Many stocks in NSE Nifty are also trading in the green.

Full support to Modi
During the meeting of NDA MPs, Rajnath Singh proposed the name of Narendra Modi as the leader of the alliance in the presence of Chandrababu Naidu and Nitish Kumar. After this, Narendra Modi was elected the leader of the NDA. Rajnath said that this will be the first time since 1962 that a government has returned to power for the third consecutive time.