Major events of the day: Lok Sabha election results, scorching heat in Delhi and more
Major events of the day: The counting of votes for the Lok Sabha elections 2024 will take place today, June 4, amid tight security, deciding the fate of over 8,000 candidates. Union Finance Minister Nirmala Sitharaman has predicted a bullish market after the results, and the IMD has issued a heatwave alert in several states with the election results approaching.
Lok Sabha Elections 2024: Counting of votes begins amid tight security
Counting of votes for the Lok Sabha elections 2024 will take place today, June 4, amid tight security across the country. Over 8,000 candidates are eagerly waiting for the results that will decide their fate. Chief Election Commissioner (CEC) Rajiv Kumar has assured the robustness of the Election Commission (EC) machinery while addressing allegations by opposition parties about undue influence on returning officers and district magistrates.
Nirmala Sitharaman predicted a boom in the market after the election results
Union Finance Minister Nirmala Sitharaman has anticipated a bullish market after the announcement of the results of the Lok Sabha Elections 2024 today. In an interview with CNN-News18, Sitharaman attributed this positive outlook to the anticipated “good results” for the Bharatiya Janata Party (BJP) and the S&P rating upgrade.
Heat wave alert issued in Delhi and six states on election result day
The India Meteorological Department (IMD) has issued a heatwave alert for Delhi and six other states on the day of the Lok Sabha election results. The southwest monsoon has advanced into parts of the Arabian Sea, Karnataka, Andhra Pradesh, Telangana and the Bay of Bengal, but it is expected to advance into some more areas by June 7 or 8.
Stock recommendations for June 4: Axis Bank, L&T, UltraTech Cement and Bajaj Auto
Chandan Taparia recommends four stocks to watch today: Axis Bank, L&T, UltraTech Cement and Bajaj Auto. Taparia believes these stocks are technically poised for significant market volatility. Read More
India is preparing for the 2024 Lok Sabha election results
Today, when the whole country is eagerly waiting for the results of the Lok Sabha elections, preparations are in full swing from Jammu and Kashmir to Mizoram and Andhra Pradesh. The elections held in seven phases concluded on June 1 and the Election Commission will give the final update before the announcement of the results by holding a press conference in Delhi on June 3.
Traffic restrictions imposed in Mumbai ahead of vote counting
In anticipation of the vote counting to be held today at the Nesco Exhibition Centre in Goregaon East, the Mumbai Traffic Police has imposed a ban on heavy vehicles. From 6:00 am to 7:00 pm, private buses and heavy vehicles have been banned between Shankarwadi and Dahisar check naka to ensure smooth flow of traffic and public safety. Read more
3C IT Solutions & Telecoms launches IPO today
3C IT Solutions and Telecoms (India) Limited is launching its Initial Public Offering (IPO) on the BSE SME platform today. With Creo Capital Private Limited as the lead manager and Skyline Financial Services Private Limited as the registrar, this IPO marks a significant milestone in its nine-year history of providing innovative IT solutions.
You are on Mint! India’s #1 news destination (Source: Press Gazette). To know more about our business coverage and market insights Click here!
Get all the business news, market news, breaking news events and latest news updates on Live Mint. Download Mint News App to get daily market updates.
more less
Published: June 04, 2024, 07:38 AM IST