Moneycontrol Selects: Top stories this evening

Our thoughtfully assembled compilation of the most important stories

Here is a collection of the most important stories this evening:

Top 10 stock picks to bet on after exit polls signal NDA landslide victory

On May 31, bulls made a notable comeback after five consecutive sessions dominated by bears, marking a positive start to the June series. The Nifty 50 closed above 22,500 with moderate gains, although it traded within the previous day's range amid heightened volatility ahead of exit polls. Read more

Stockology: Balanced week ahead; more in favour of bulls

While technical indicators turned positive, we were little sceptical, and our write up remained slightly biased toward SELL, and profit booking. The historical 2.5 percent negative move played well. Read more

Election results, RBI policy, PMI data among 10 key factors that will keep traders busy next week

Bulls start the week on an upbeat note with exit polls forecasting an emphatic win for the NDA alliance on June 4, ending weeks of speculation that the numbers were likely to disappoint the market. Read more

MC Selects

Why Indian Rafale jets are making strategic pit stops in Egypt, Greece on way back from US

On their way back from the important Red Flag exercise with the United States Air Force in Alaska, the eight Rafales of the Indian Air Force (IAF) will split up, four going to Egypt and the others, to Greece. Why Egypt? Why Greece? Both questions have answers that are about tactical benefits for the IAF, but also the strategic, geopolitical context. Read more

What Andhra Pradesh exit polls foretell for the 3 bigwigs - Naidu, Jagan & Pawan

If the exit polls are accurate on June 4, the political landscape of Andhra Pradesh will undergo a significant transformation. This could lead to a revival of Chandrababu Naidu and his party, Telugu Desam. At the same time, Jana Sena, after a decade of waiting, might see another member of the mega family take the lead. The BJP, the other hand, could shift its focus to the 2029 elections. Read more

UPI breaks record with 14.04 billion transactions in May, sees 49% year-on-year growth

The Unified Payments Interface (UPI) network, operated by the National Payments Corporation of India (NPCI), has set a new record by processing 14.04 billion transactions in May, up from 13.3 billion in April, according to data released by NPCI on June 1. Read more

SKM sweeps assembly elections in Sikkim, wins 31 of 32 seats

The Sikkim Krantikari Morcha (SKM) on Sunday returned to power by sweeping the assembly polls in the Himalayan state, winning 31 of the 32 seats, according to the Election Commission. Read more

BJP retains Arunachal Pradesh with 46 out of 60 seats, PM Modi thanks the people of the state

The Bhartiya Janata Party emerged victorious in Arunachal Pradesh Assembly election by winning 46 out of 60 seats, according to the Election Commission. The BJP reclaimed power in the hilly state for the third consecutive term today. Read more