00:00Lok Sabha Elections 2024 is going on in the country right now.
00:03The results will be out on 4th June and there have been 5 phases of elections.
00:07But since the election has started, there is a lot of volatility in the share market.
00:13Sometimes, the market suddenly starts running, and sometimes it breaks apart.
00:18In such a situation, a few days ago, Central Home Minister Amit Shah gave a statement
00:22in which he said that we should buy before 4th June
00:26because on 4th June, the market will become a rocket, meaning it will shoot up.
00:30And recently, PM Modi also gave an interview to a media channel
00:34and said a lot about the market, which can have a deep impact on the market.
00:39Hi, this is Bhavna and you are watching GoodReturns.
00:41Let's understand what he said about the market in the last video.
00:45PM Narendra Modi has shown confidence that on 4th June,
00:48after the results of the Lok Sabha elections,
00:50the share market will see a sharp increase and all records will be broken.
00:55He said that during the election week or the week in which the results of the Lok Sabha elections are announced,
01:00the market will show who is coming back in power.
01:04He also said that after the results of the elections come,
01:08there will be so much trading throughout the week that the operators will get tired.
01:12PM Modi said that 10 years ago, when his government came,
01:16the market was at Rs. 25,000 and now it is at Rs. 75,000.
01:22Looking at PSU banks, their shares are increasing.
01:26The shares of many government companies have increased more than 10 times in the past two years.
01:30PM Modi took the oath of prime minister for the first time on 26 May 2014.
01:34The PM said that the government has reformed PSUs.
01:37In his words, the first meaning of PSUs was to fall.
01:41But now their value has increased many times in the stock market.
01:45If you look at Hindustan Aeronautics Limited or HAL,
01:49HAL has recorded a profit of Rs. 4000 crores in the fourth quarter.
01:59PM Modi said that he believes that this is a very big progress.
02:04Hindustan Aeronautics Limited or HAL released the results of the fourth quarter of the financial year 2024 on 16 May.
02:11From January to March, the company's profit was Rs. 4308 crores on an annual basis.
02:20A year ago, the company's consolidated net profit was Rs. 2831 crores.
02:27You can see how much the change has increased.
02:31In an earlier interview, Home Minister Amit Shah said that
02:34he cannot predict the trend of the share market.
02:38But usually, when a strong government is formed in the centre,
02:42then the market is fast.
02:44I think BJP will win more than 400 seats and a stable Modi government will come.
02:49In this way, the market will also be fast.
02:52Earlier, Amit Shah said this.
02:54Now, PM Narendra Modi has also said this.
02:55He has shown full confidence that seats will come above 400.
02:58And after that, the share market will shoot up.
03:02What do you think about both statements?
03:04Especially, the recent statement given by PM Modi.
03:07Do tell us in the comment section.
03:08What strategy are you adopting at the moment?
03:11You can also share that with us.
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