Smallcap Stocks Soar Amid 2024 Elections

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RattanIndia Power doubled investor wealth since April 19, the start of Lok Sabha elections. It soared 101% in the election rally.

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Defense stocks like Cochin Shipyard, Bharat Dynamics, Garden Reach, and Mazagon Dock surged, delivering solid returns amid election excitement.

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Other notable performers include Shakti Pumps, Johnson Controls, Century Enka, Finolex Cables, and Jupiter Wagons, each showing significant gains.

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PSU stocks in railways, defense, and BFSI sectors might react positively to policy continuity if BJP retains power, boosting investor confidence.

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