Witness the aftermath of the Lok Sabha Election Results 2024 as Adani Group shares plummet by billions, sparking a bloodbath in the share market. Join Oneindia for in-depth analysis and real-time updates on the economic repercussions of this seismic political event.
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NewsTranscript
00:00 Now with Prime Minister Modi's victory, one thing which has happened for the first time,
00:04 Sensex has now crashed more than 2000 points, Adani stocks have tumbled up to 18%.
00:10 Initially when the markets opened, Yogesh, we saw how the markets were almost coming crashing down,
00:16 but then with the numbers improving on the screen and Prime Minister Modi also leading as the joke went by,
00:22 that here we see Prime Minister Modi is definitely leading by a huge margin of 40,000 votes,
00:28 but the Sensex, the markets have tanked as of now to more than 2000 points,
00:34 and Adani stocks are taking a hit by the way.
00:37 Because we have Professor Chambi with us.
00:40 Professor Chambi, you said a while ago...
00:42 Okay, Professor Chambi, we will try to connect again.
00:47 Sandeep ji, can you hear us?
00:49 Yes.
00:51 Yes, yes.
00:52 All these numbers are going on, one question is coming to my mind, how do you answer this?
01:00 You can also call this hypothetical, that if the numbers are almost like this,
01:08 BJP itself is showing 242 at the moment, the government is being formed,
01:13 let's say, some people join you after breaking the joint,
01:18 and you get a few more, in 2999, it is already showing 300,
01:22 will Prime Minister Narendra Modi be the one?
01:26 Yes, this is a very important question you have asked.
01:30 There are two hypothetical questions that you have asked me,
01:34 one, whether these numbers will hold as they did, and whether finance will continue as the person for the alliance.
01:43 The numbers will continue to rise, and they will surely exceed comfortably about BJP.
01:52 Again, you just mentioned about Madhya Pradesh, Madhya Pradesh we have heard,
01:57 we have heard a couple of seats, I think in the beginning we have seen 5 seats where Congress is leading in Madhya Pradesh.
02:02 Right.
02:03 Or we have seen a couple of seats being swept by BJP.
02:06 So, I think, let's not speculate on things that really not hold at the end of the day,
02:12 and let's not make a statement that he is going to be Prime Minister.
02:15 For us, and for the NDI alliance, the Prime Minister is always Narendra Modi,
02:19 and he will be the person who will be representing this country in the next 5 years,
02:23 and he has raised the stature of the country globally.
02:26 If you see how people have reacted when the leaders have to disinvite him,
02:30 he doesn't commit.
02:31 Every leader, they wanted to have Narendra Modi as their advisor.
02:35 Now, if you talk about globally, you want alliances,
02:38 you think Prime Minister Narendra Modi is being sought after to get a seat in this kind of thing.
02:43 So, I think, I think, a lot of Congress or BJP,
02:47 the only leader that we can choose is the Prime Minister Narendra Modi.
02:51 He is the person who will be leading this country,
02:53 and he will take the country to the next level in terms of global stature and in terms of economic development,
02:59 in terms of leading us towards peace and harmony.
03:02 So, I have no reason to doubt why we will not want NDP or why we will not want a back-edge from this side.