HomeNewsPodcastEditor's pick: Stock market soared; Game of Thrones left some bored; In Indian and Australian elections, Adani scored!

Editor's pick: Stock market soared; Game of Thrones left some bored; In Indian and Australian elections, Adani scored!

...and other essential stories from India and around the world

May 20, 2019 / 19:54 IST
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Rakesh Sharma

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The largest gains in a decade - that's how the stock market reacted to the exit polls which have all predicted the return of the BJP-led NDA to power. Several key stocks hit their fresh 52-week highs, including big ticket players like the HDFC twins, ICICI, and SBI. Australian elections, on the other hand, have proven exit polls wrong, by giving the conservative coalition a second term. This coalition happens to be coal-friendly. Which means the Adani Group had a great day today, and is likely to have several more great days in the coming years.

Tata Motors did not have such a great day, with profit slumping about 47% as Jaguar Land Rover sales took a hit this past quarter.