Morning Briefing: Nirmala Sitharaman's Shocking Statement on Stock Markets!
Stay ahead with our morning briefing covering the latest updates and statements from key figures. In this video, delve into Nirmala Sitharaman's impactful remarks on the stock markets and Odisha CM's response regarding VK Pandian's potential succession. Gain valuable insights into these significant developments shaping the political and financial landscapes.
Morning Briefing: Nirmala Sitharaman on Stock Markets; Odisha CM's Reaction to VK Pandian's Succession, and More
Key Headlines, Recommended Articles, and Noteworthy News Selection
Finance Minister Nirmala Sitharaman mentioned that a decisive mandate favoring the BJP-led NDA government would send, suggesting that such a mandate could lead to a significant uptrend in the market, often referred to as a 'solid bull's market'. Sitharaman emphasized that this would signify stability, which would be well-received by investors, potentially resulting in a strong bull market. This statement coincides with the recent surge in benchmark indices Nifty50 and Sensex, driven by macro-economic factors and expectations of a clear mandate for the BJP-led NDA government.
Odisha Chief Minister and Biju Janata Dal (BJD) leader Naveen Patnaik rejected speculations suggesting that former bureaucrat VK Pandian is being considered as his successor. Patnaik emphasized that the people of Odisha will ultimately decide who succeeds him. In an interview with news agency ANI, Patnaik reiterated his stance, stating that the successor will naturally emerge through the democratic process of the state. He also dismissed assertions made by prominent Bharatiya Janata Party (BJP) leaders, including Assam CM Himanta Biswa Sarma and Union Minister Dharmendra Pradhan, regarding Pandian's alleged influence over the state. Patnaik deemed such allegations from the saffron camp as baseless and irrelevant.
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