Smallcap Stocks Soar Amid 2024 Elections

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

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

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

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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