India's Nifty futures surge nearly 3% as exit polls point to Modi victory [Yahoo! Finance]
Reservoir Media, Inc.. (RSVR)
Company Research
Source: Yahoo! Finance
showed that incumbent Prime Minister Narendra Modi was set for a third consecutive term. The Gift Nifty 50 Futures jumped 2.8% to a record high of 23,377.0 points by 22:03 ET (02:03 GMT). Several exit polls released over the weekend indicated that the NDA alliance, led by the Bharatiya Janata Party (BJP), was largely set for a victory in the 2024 general elections, which concluded on June 1. Exit polls also indicated that the NDA alliance was likely to clinch a widely touted 400-seat milestone in the lower house, the Lok Sabha. While exit polls have had a dubious history of over or understating election results, they have so far been successful in predicting the broader trends in Indian elections. An NDA victory presents a third term for incumbent Prime Minister Narendra Modi, who was largely at the center of campaigning efforts by the BJP. The official results of the election are set to be announced on June 4. Investors have largely welcomed Modi's business-first policies,
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RSVR
Earnings
- 5/30/24 - In-Line
RSVR
Sec Filings
- 6/26/24 - Form ARS
- 6/25/24 - Form DEF
- 6/17/24 - Form 4
- RSVR's page on the SEC website