Elections and their Impact on India's Stock Market

As we are awaiting for the 2024 Election results, in this article we will discuss about the impact of elections in stock market in India. Elections are a fundamental aspect of democratic societies, shaping the political landscape and influencing economic policies. In India, the world's largest democracy, elections not only determine the political leadership but also have a significant impact on the stock market. The relationship between elections and the stock market in India is complex, influenced by various factors including investor sentiment, policy expectations, and economic indicators.

Historical Context

India has a rich history of electoral democracy with general elections held every five years. The stock market, represented primarily by the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), responds dynamically to political events. Historically, major elections, such as the Lok Sabha (Parliamentary) elections, have led to notable volatility in the stock market. For instance, the 2014 general elections, which resulted in a decisive victory for the Bharatiya Janata Party (BJP) and the emergence of Narendra Modi as Prime Minister, were followed by a significant surge in the stock market. The Sensex, BSE's benchmark index, gained substantially in the months following the election, reflecting investor optimism about economic reforms and stability.

Investor Sentiment and Market Volatility

Investor sentiment plays a crucial role during election periods. Markets tend to prefer stability and predictability, and the prospect of a strong, stable government often boosts investor confidence. Conversely, the possibility of a hung parliament or a coalition government can lead to uncertainty, causing market fluctuations. Leading up to elections, markets may experience heightened volatility as investors react to opinion polls, campaign promises, and political rhetoric.

Economic Policies and Market Performance

The anticipation of economic policies from potential election winners significantly impacts the stock market. Pro-business policies, promises of deregulation, infrastructure development, and economic reforms are typically welcomed by investors. For example, during the 2019 general elections, the re-election of the BJP was perceived positively due to expectations of continued economic reforms and pro-growth policies, leading to an uptick in the stock market.

Short-term vs Long-term Impact

While elections can cause short-term volatility, the long-term impact on the stock market depends on the actual policies implemented by the new government. Market reactions to election results are often immediate, but the sustainability of these reactions hinges on the government's economic performance, policy implementation, and global economic conditions. For instance, initial euphoria following a pro-business election victory may wane if promised reforms are not realized or if global economic conditions deteriorate.

Case Studies

1. 2004 General Elections: The unexpected victory of the Congress-led United Progressive Alliance (UPA) led to a sharp decline in the stock market due to fears of economic slowdown and policy reversal. However, the market gradually recovered as the government demonstrated economic stability and growth-oriented policies.

2. 2014 General Elections: The decisive win for BJP under Narendra Modi led to a market rally, with the Sensex gaining over 30% in the year following the election. Investors were optimistic about Modi's promise of economic reforms and development.

3. 2019 General Elections: The re-election of BJP was met with positive market reactions, though the long-term market performance was mixed due to various domestic and global economic challenges, including the COVID-19 pandemic.

Global and Domestic Influences

It's important to note that while elections have a significant impact, the stock market is also influenced by global economic conditions, foreign investment flows, monetary policies, and geopolitical events. For instance, global financial crises, changes in US Federal Reserve policies, and international trade dynamics can overshadow domestic political developments.

Conclusion

Elections are a critical juncture for the Indian stock market, influencing investor sentiment, market volatility, and economic expectations. While the immediate impact of elections on the stock market is pronounced, the long-term effects depend on the actual economic policies and governance of the elected government. Investors and policymakers alike must navigate the complexities of electoral politics and economic strategies to foster a stable and growth-oriented market environment.

Six levels of security Offered in INDIA

 

In India, security details are provided to some high-risk individuals by the police and local government. Depending on the threat perception to the person, the category is divided into six tiers: SPG Force, Z+, Z, Y+, Y, and X.

The Indian Special Protection Group (SPG) provides proximate security to the Prime Minister of India and members of their immediate families anywhere in the world. While the actual strength is classified, anywhere above 3000 personnel might be in this unit. Taxpayers pay 1.62 crores per day for this security.

Z+ is the highest category security in India. It offers a security cover of 55 personnel, including 10+ NSG Commandos + Police Personnel. Each commando is an expert in martial arts and unarmed combat and is equipped with sophisticated MP5 guns and modern communication gadgets. Only 12-17 VIPs in the country are provided with Z+ security. Mukesh Ambani pays for his own Z+ security and it costs him 15-16 lakhs per month. The Gandhis, Yogi Adityanath, and some other VVIPs get this security.

The Z category has a security cover of 22 personnel including 4 or 5 NSG commandos and police personnel, along with one escort car. Z security is provided to Yoga Guru Ramdev and few other actors.

Y+ security is recently in the news as Kangana Ranaut has received the protection. 11 to 22 personnel security personnel will be guarding her. Central Reserve Police Force (CRPF) will be responsible for providing security to Kangana.

Y security is not very different from Y+. It has 11 personnel. Y has one gunman for mobile security while Y+ has two for mobile security.

X is the lowest level of security cover, having 2 armed police only and no commandos.

G Suite From Google

What is G Suite?
G Suite is a cloud-based productivity suite that helps teams communicate, collaborate and get things done from anywhere and on any device. It's simple to set up, use and manage, so your business can focus on what really matters.
Millions of organizations around the world count on G Suite for professional email, file storage, video meetings, online calendars, document editing and more.
Watch a video or find out more here.

These are some highlights:
Business email for your domain
Looking professional matters, and that means communicating as you@yourcompany.com. Gmail’s simple, powerful features help you build your brand while getting more done.

Access from any location or device
Check emails, share files, edit documents, hold video meetings and more, whether you’re at work, at home or in transit. You can pick up where you left off from a computer, tablet or phone.

Enterprise-level management tools
Robust admin settings give you total command over users, devices, security and more. Your data always belongs to you, and it goes with you, if you switch solutions.

Start free trial

Work Life Balance

Work-life balance is a concept including proper prioritizing between “work” and “lifestyle” .
Work-life balance is when your mental, emotional and physical resources are equal to the demands placed upon you, both personal goals and obligations stemming from the responsibility you own yourself, your family and your community.
Work-related stress has become a leading contributor to a myriad of physical health problem ranging from high blood pressure to auto-immune disorder. By keeping your stress levels to a minimum and prioritizing self-care, a balanced life may be the single most important lifestyle change you can make in achieving improved health.

WORK-LIFE BALANCE AS AN EQUATION:
Mental resources + emotional resources + physical resources = achieving your personal goal & fulfilling your responsibilities.

ROOT CAUSES OF WORK LIFE IMBALANCE:
Most people who suffer from working-life imbalance tend to assume the problem is one of time. They often lament, “If only there were more hours in the days!” But while we don’t have control over the passage of time, we do have control over what we do during it. If you feel that you don’t have enough time to achieve your goals and fulfill your responsibilities, then you may need to find additional resources to deal with them.

SOLUTIONS:
Recognize the role of work.
Develop one calendar for work and family. Create a daily routine.
Learn to breathe.
Make time for yourself.
Be present, consistent and accountable Exercise and meditate

A SMALL STORY:
A crow was sitting on a tree, doing nothing all day. A rabbit asked him, ”Can I also sit like you and do nothing all day long?” The crow answered: “Sure, why not.” So, the rabbit sat on the ground below the crow, and rested.
A fox jumped on the rabbit and ate it.

Moral of the story: To be sitting and doing nothing, you must be sitting very high up

CONCLUSION:
Working evening hours can put stress on your family life and relationships, knowing how to cope with the challenges is the key. Through communicating, dealing with problem early and prioritizing socializing and recreation, shift work will have a smaller impact on your life.

The Making of a Bureaucrats

Kautilya (also known as Chanakya, 350-275 BCE), a pioneer in Diplomacy and Government Administration, Professor of Political Science and Economics in University of Taxila, an Indian Statesman and Philosopher, Chief Advisor and Prime Minister of the Indian Emperor Chandragupta, the first ruler of the Mauryan Empire. A man behind the science of politics - “Arthashastra”.


The Arthashastra gives information about specific topics that are relevant for rulers who wish to run an effective government. Diplomacy and war (including military tactics) are the two points treated in most detail but the work also includes recommendations on law, prisons, taxation, irrigation, agriculture, mining, fortifications, coinage, manufacturing, trade, administrations, diplomacy, and spies.

At the time of Kautilya, India was mostly composed of a number of small independent states, with the exception of the Magadha kingdom, a realm that controlled most of Northern India, which was ruled by the Nanda dynasty. The fame of Kautilya is owed to the important role he played in the fall of the Magadha kingdom and the rise to power of the Mauryan dynasty. In order to accomplish this, he became an ally and loyal servant of Chandragupta, a noble member of the Kshatriya caste, who was related to the Nanda family, but he was an exile. Before he became Chandragupta’s ally, Kautilya was introduced to the Nanda king, who insulted him. Kautilya untied his sikha (lock of hair on male Hindus), and swore he would only tie it back once the Nanda dynasty was destroyed.


Kautilya and Chandragupta raised a small army that lacked sufficient military strength to take the Magadha throne directly. Therefore, Kautilya’s strategies became useful: Chandragupta entered the capital of the Magadha kingdom, Pataliputra, where he triggered a civil war using Kautilya Chanakya’s intelligence network. In 322 BCE Chandragupta finally seized the throne putting an end to the Nanda dynasty and he established the Mauryan dynasty which would rule India until 185 BCE. After this victory, Chandragupta fought and defeated the generals of Alexander the Great located in Gandhara, present day Afghanistan. Following these successful campaigns, Chandragupta was seen as a brave leader who defeated part of the Greek invaders and ended the corrupt Nanda government and thus gained wide public support. Kautilya’s political vision had a heavy influence on Chandragupta, the first Indian ruler who unified Northern India under a single political unit for the first time in history. Even today, the Arthashastra is the number one classic of diplomacy in India and, within this category, it is one of the most complete works of antiquity. A number of institutions in India such as universities and diplomatic offices have been named after Kautilya in honour of his work.

Prof. Gautham Shanmugam
Director, Bureaucrats Education Private Limited
For more details visit www.bureaucratsacademy.com

J.JAYALALITHA 21st century Cleopatra of Tamil Nadu

J.JAYALALITHA the Actor,Administrator,political leader and THE  21st century Cleopatra of Tamil  Nadu

J JAYALALITHA was born in a tamil iyengar family in mysore,Karnataka in february 24th  1948.just an year after india’s independence and also the real independence of many Indian women caught by the disadvantage of being a women In a society were it was looked as a burden and many social evils which mostly affected women.Jayalalittha became the representative of south Indian women aspirations and dreams .  even after her death she has affected the masses by her sudden demise .she began her journey in life in mysore were she was named komalavalli by her parents after her grandmothers name . She did her schooling at a bishop cotton higher secondary school.she did excel at academics and become a school topper in tenth standard board examination .she discontinued her studies at eleventh standard. she had her ambition to become a lawyer  but her destiny had other ideas as she had to enter the film industry accidentally due to pressure from her mother .

JAYALALITHA THE ACTOR had a great film career spanning almost two decades even though she debuted in a kannada movie CHINNADA GOUMBE.she acted mostly in tamil films earning praise from people and filmgoers .Her tamil movies ayirathil oruvan and adimai penn won her recognition and fame in tamil film industry .but her association with MGR and her screen space with him as the leading lady for almost 27 films later proved to be a pathway for her into politics, with the help of the charisma and the screen presence that made her one of the most recognizable and revered stars in the film industry , though there had been many affairs regarding jayalalitha and mgr she acknowledged him as her guide and  rumors posted about them and her association with other male stars, she did rise above them and proved them wrong and that to in her own style .she was bold ,defiant and confident in her approach  and was even admired for her courage by the late mgr himself .

Her entry into politics was not the profession chosen once again by her as she was nominated by her political leader and guru who believed in her education and English speaking skills .hence she was nominated by her leader mgr as a rajya sabha mp .she was again nominated in a post as a propaganda secretary by her mentor in the world Tamil conference in madurai in 1987, but once she was into it she never looked back and also wanted and strived to make a name of herself in whatever field she was thrown into she came back with overwhelming success.her grit and determination to bring back the old strong organization structure of aiadmk when it became a fledgling unit with a split in the party and she came back as an opposition leader in 1989 assembly elections .the incident in which she became a full fledged politician in which her  indomitable spirit was shown to her followers which was due to the incident were her clothes were torn and her hair was pulled by DMK MPs caused public outrage and anguish from people in tamil nadu and add to that the public sympathy of the death of Rajiv Gandhi and her coalition with the congress in 1996  earned her rich dividends politically.she rode herself to power for the first time and then her corruption scandals in her first term in disproportionate assets case , 100 crore big fat wedding of her adopted son , tanci case , etc and her relationship with sasikala and their direct indulgence in her day to day affairs of the government  had  made it  test people’s patience as they showed her the door in the subsequent elections in 1996 by even making her lose her own MLA seat .

       But yes even in her first term a few noteworthy things were done like the all women police station ,free cycles to girls and mass wedding of women below poverty line and their dowry expenses borne by her etc .in which she again proved that she was not only a powerful women leader but also she took keen interests in the welfare of the women and the upliftment and empowerment of women from all classes , rich, poor , castes ,religions, etc. and it did become her core constituency of voters till her last breath.

                       When everyone did write her off , she made an astounding comeback with a electoral victory by stitching together an alliance electorally powerful as she rode to power again to be dismissed due to her earlier corruption scandals as it did haunt her again and again at inconvenient time when she had the people’s mandate  majority or in her critics or political opponents words her followers mandate. Her indecisiveness in going ahead with sacking government employees and their reduction in their salary pay became a political blunder and her party men riots in the Dharmapuri bus firing , Coimbatore riots , by her partymen when she was convicted by the trial court became an united opposition war cry to oust her from power .as the opposition stood strong she used her political wit gained from her past election experiences made sure the DMK government to be formed became a minority in the 2006 assembly elections and add to that the dmk’s sudden populist decisions such a free colour tv ,free gas stove and one rupee rice  elected him to power.

                    
       In  her thid term she created the successful and the most populist scheme of her regime the AMMA brand were AMMA RESTAURANTS,AMMA SALT ,AMMA CEMENT ,AMMA MARKET,AMMA WATER BOTTLE ,AMMA RICE,AMMA THEATRES,AMMA MINI BUSES ETC. it did make it politically relevant by appealing to the poor masses but it also did drain the state economy further after the populist regime of dmk with free tv,free stoves ,etc by the dmk government .the tamil nadu state budget deficit crossed to over 9000 crore  and also the debt burden has crossed over 2 lakh crore . this has severely drained the states economy. And also the Chennai floods in the year 2015 and her governments deep slumber which was its official reaction at that time and her stickers applied in the flood relief materials at the time of emergency were food supplies were in demand caused public tirade which turned towards her .she did manage to scrape through the 2016 assembly elections thanks to her political acumen with the experience of many bitterly fought elections.

She also had her flaws  like her political mentor MGR as she hid her health condition from  her  people who elected her many times as a public figure it was her duty to reveal her status of her health and also even she was unable to control the corruption and riots done by her party men and ministers as she was herself caught in many corruption scandals which did threaten her political career. These were the same blemishes her mentor MGR committed himself with the exception of any direct involvement in corruption or being convicted at that time .but jayalalitha did successfully manage to cling to her image of a messiah in public life and as leader for the downtrodden people.
But she left the people and her party men , followers in the beginning of her term. Her demise is a large vacuum unfilled in national politics. But she was the Cleopatra for the tamil people as she won people with her beauty and gracefulness in films and also she won the people’s heart and admiration by her intelligence and shrewdness in politics  and administration.

ARTICLE BY
S.B.K.Balaji

The Necessity of Happiness at workplace

Today, being happy at work is no longer a luxury. It is a necessity! Everyone wants to find a job they love, be happy at work, and create a great workplace. Can we create workplaces where happiness is the norm, not the exception? The answer is a resounding YES.

Why is Happiness important?
The Organization offers the opportunity to celebrate and harness our intellectual capabilities while creating economic benefits for ourselves, our customers and society. Our minds work better while we are happier and at peace.
This is substantiated by an abundance of research that increasingly points to the fact that happy people are ‘better workers’. Happy employees are more sensitive to opportunities in the work environment, more outgoing and helpful to co-workers, and more optimistic and confident all of which are positive features for the organization. It has also been found that in order to have happy, satisfied and loyal customers; organizations should have happy, satisfied and loyal employees. Even with teams that do not have direct contact with customers, there was a positive association between how employees feel and customer attitudes.

Culture of Happiness Evangelism
With a simple, yet, lofty mission of “Happiest People . Happiest Customers”, Happiest Minds, a digital transformation company, focuses on the twin themes of disruptive technologies and people happiness. Our name reflects our mission and is indicative of the culture that we are building,
Happiest Minds is a pioneer in the creation of the role of a Happiness Evangelist, someone whose role is to sensitize each Happiest Mind to the Happiness Agenda; synthesize the tenets of happiness into organizational practices; and assess the effectiveness of people practices through Happ’o’meters.

Who then is a Happiness Evangelist?
A Happiness Evangelist is one who: looks for opportunities to appreciate others genuinely; listens with empathy; strives to increase harmony and collaboration; is polite and courteous; displays kindness & concern for others; is willing to help others; encourages new thoughts and ideas, even if they are not aligned with his/ her own; is willing to share knowledge; cultivates the culture of WE instead of I; dis¬plays calmness in challenging situations; Goes the extra mile to keep the customer (internal/external) happy; and has a high commitment to results.
The three C’s will helping enabling happiness in work place:
Cultivate a sense of meaning and purpose - Rosabeth Kanter, Professor, Harvard University wrote that people want to work for companies where they feel they are making a meaningful difference in the world. People want to feel as if their work matters, and that their contributions help to achieve something really important. People who believe in what they are doing are happier, more motivated, and more productive.


Create a collaborative community - Community at Happiest Minds fosters a work environment that encourages mutual respect and sensitivity. You like the community and the community likes you. This creates a sense of belongingness, respect and pride - which leads to employees taking on more responsibility. Close, trusting and supportive relationships are hugely important to one’s state of mind and their willingness contribute to a team.

Capacity to make choices - People like to have a say in shaping their workday and controlling their own destiny. “We found that knowledge work¬ers whose companies allow them to help decide when, where, and how they work were more likely to be satisfied with their jobs, performed better, and viewed their company as more innovative than competitors that didn’t offer such choices,” wrote Diane Hoskins in the Harvard Business Review.

The impact of happy employees on an organization is dramatic. We need organizations that create satisfied and happy employees who can help create resilient companies - ones that can withstand the challenges of an ever changing, increasingly competitive marketplace.