June 4, 2024, Lok Sabha election results: Buying stocks, trading strategies, and advice for stock market investors

Investors prepare for the expected impact on the stock market on June 4, 2024, as India eagerly anticipates the announcement of the Lok Sabha election results. The results of the general elections have historically had a big effect on the stock market. It won't be any different this year.On June 4, 2024, how should stock market investors trade? Some pointers and advice to bear in mind on Tuesday when trading.There is usually more volatility in the stock markets on the day after election results. This tendency was made abundantly clear on May 23, 2019, when the National Democratic Alliance's (NDA) dominant lead caused the Sensex to leap to a record high of 40,000 points. The joy, though, was fleeting as the index fell 298 points later in the day to conclude at 38,811 points.Similarly, upon the publication of the Lok Sabha election results for 2014, on May 16, the Sensex reached an unprecedented peak of 25,000 points, signifying a significant historical event."If the Bharatiya Janata Party (BJP) alone secures somewhere between 272-290 seats, we may observe short-term profit booking in the market before the rally continues," says Yashovardhan Khemka, Senior Manager, Research & Analytics at Abans Holdings.

"A higher-than-projected number of seats will lead to gains.""Long-term investors should continue to make significant investments until when the final findings are revealed, notwithstanding the current increased volatility. Yashovardhan Khemka continues, "In the meantime, short-term traders might find opportunities because of the market fluctuations."He lists some of the industries that are anticipated to benIn the Lok Sabha elections of 2024, the National Democratic Alliance (NDA) is predicted to win roughly 370 seats based on the average of all exit polls. "The triumph of BJP is a positive sign for the economy and capital markets since it offers stability and continuity in policymaking with a majority administration led by a single party," states Motilal Oswal in response to the announcement of the exit polls. According to Motilal Oswal, its model portfolio is still in line with the main domestic cyclical themes against a consistent backdrop of profits growth. "The four main investing themes they like are industrials, consumer discretionary, real estate, and PSU banks," it states.efit: infrastructure, defense, capital goods, public sector units (PSUs), and autos.