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How the Maharashtra elections could influence the Indian stock market?

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The summary clearly analyzes how the Maharashtra elections could influence the Indian stock market. It touches on crucial points: Policy Continuity vs. Uncertainty : Markets favor predictability. A BJP-led victory will likely ensure ongoing policies focused on infrastructure, which investors see positively. Conversely, shifting to Congress-led governance might introduce temporary uncertainty as markets evaluate potential policy changes. Sectoral Shifts : Maharashtra's economic importance means election outcomes could directly impact key sectors. For instance, infrastructure and real estate might react based on government priorities and policy directions. FPI Activity and Market Trends : The pullback by FPIs in recent months highlights global factors, but local political clarity—especially favoring business-friendly governance—could help stabilize market sentiment. Broader global market trends remain critical in shaping overall movements. ALSO READ,  Benefits of Tax plan...

what's this Reliance Industries’ Rights Issue ??

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Reliance Industries’ Rights Issue. Mr Mukesh Ambani has been trying to reduce the debt burden at Reliance Industries Ltd (RIL) for a while now. It’s been a personal mission of sorts and he’s gone to extreme lengths to ensure he musters enough cash to make RIL net debt-free by 2021 i.e. the company would still have some debt, but they’d have more than enough cash to cover for it. The Reliance issue record date is not yet declared. The official announcement says; "Further the Board constituted ‘Rights Issue Committee’ to decide the other terms and conditions of the Issue including the record date" Here's the official document  👇  And to this end, Reliance has been wooing investors from all over the world. First, there were talks of Saudi Aramco (Saudi’s state-owned oil producer) coming in and buying part ownership at Reliance Industries. The deal was supposed to go through this year. But Aramco has had a few hiccups of late. The company’s IPO did n...