The results of the Lok Sabha elections have been announced. In these elections, BJP has performed brilliantly and has won again. In this election, BJP has got 240 seats. Whereas Congress has got 99, Samajwadi Party 37, TMC 29, DMK 22, TDP 16, JDU 12, Shiv Sena UBT 9, NCP Pawar Group has got eight seats.
After this election, it has become clear that the NDA government is coming to power again. With the coming of the NDA government, the trend of the market has also changed. Shares of nine out of 10 listed companies of the Adani Group closed in the green on Wednesday. Earlier on Tuesday, when the election results were announced, the shares of the Adani Group continued to decline, but on Wednesday the company’s shares have shown excellent performance.
According to the data, Adani Green Energy’s stock rose 11.01 percent, Adani Ports 8.59 percent, Ambuja Cements 7.47 percent and the group’s flagship company Adani Enterprises 6.02 percent on BSE. ACC’s stock rose 5.20 percent, NDTV 3.26 percent, Adani Total Gas 2.67 percent, Adani Wilmar 0.77 percent and Adani Power’s stock rose 0.32 percent. During the day’s trading, shares of Adani Green rose by 12.24 per cent, Adani Ports by 9.62 per cent, Ambuja Cements by 7.95 per cent, Adani Power by 7.54 per cent, Adani Enterprises by 7.22 per cent, Adani Total by 6.40 per cent, ACC by 6.17 per cent, NDTV by 5.82 per cent and Adani Wilmar by 2.23 per cent.
However, Adani Energy Solutions shares fell 2.58 per cent. The combined market valuation of nine Adani Group companies was Rs 15,57,765.43 crore at the close of trading on Wednesday. Recovering from Tuesday’s decline, the 30-share BSE Sensex jumped 2,303.19 points to close at 74,382.24. During trading, it had risen 2,455.77 points to 74,534.82. Although the BJP could not get a majority in the Lok Sabha elections, the party-led alliance won 293 out of 543 seats. The majority figure in the lower house is 272.
