BJP victory may fuel rally in 54 “Modi stocks”: CLSA – Market News

BJP victory may fuel rally in 54 “Modi stocks”: CLSA – Market News

A landmark third term for the ruling Bharatiya Janata Party (BJP) on June 4 will directly benefit 54 stocks, which include public sector undertakings (PSUs), infrastructure companies and shares of some corporate groups, international brokerage firm CLSA said on Wednesday. Calling these scrips as “Modi stocks”, the brokerage said 90% of them have outperformed the …

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Brokerage lists 54 ‘Modi stocks’ likely to benefit from BJP win in Lok Sabha elections – Firstpost

Brokerage lists 54 ‘Modi stocks’ likely to benefit from BJP win in Lok Sabha elections – Firstpost

Prime Minister Narendra Modi. Source: Reuters Stocks of 54 companies, most of them public sector undertakings (PSUs), could be direct beneficiaries of the policies of the current government led by Prime Minister Narendra Modi, said international brokerage CLSA. The brokerage further predicted that the stocks of India’s state-run companies, or PSUs, may see a top …

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