📈 Stocks to Watch This Election Season — Because the Market Has Already Voted
EduInvesting.in | May 2025
“The market loves stability.”
— Every analyst who thinks elections are just Sensex drama with extra noise
With the 2024 Lok Sabha elections behind us and results around the corner, the only thing moving faster than politicians switching sides is… stock prices.
Because let’s face it: Dalal Street doesn’t vote with ink, it votes with FOMO.
So, whether you’re a Modi fan, a Didi believer, or an Opposition juggler, here’s what matters:
📈 What stocks benefit if Modi 3.0 becomes reality again?
📉 And what happens if there’s a surprise twist?
Let’s break it down. No bhakts. No andhbhakts. Just stocks.
✅ If Modi Wins: These 7 Stocks Could Fly Higher Than Election Choppers
1. 🏗️ IRFC (Indian Railways Finance Corp)
Why: Massive railway infra push under NDA, record capex allocation, debt-backed expansion.
💥 Already up 400%. Could still rally on “Railway Reforms 2.0.”
EduInvestor Verdict: ✅ Add on dips — it’s PSU, but it’s not lazy.
2. 🏗️ RVNL (Rail Vikas Nigam Ltd)
Why: Infra EPC PSU. Modi sarkar = more contracts, more highways, more bridges, more bandwidth.
📈 Multibagger already, but Modi winning = “Railway Budget Pt. 2”
EduInvestor Verdict: ✅ Trade for momentum. Don’t marry.
3. 🛡️ HAL (Hindustan Aeronautics Ltd)
Why: “Make in India” defence darling. More fighter jets = more revenue. BJP government is defence-budget friendly.
🛩️ HAL is basically Modi’s Tejas in the market.
EduInvestor Verdict: ✅ Core PSU play. Don’t overthink.
4. 🏭 Adani Enterprises
Why: Love it or hate it — Adani stocks are often seen as “Modi proxies” (right or wrong, market thinks so).
🚨 Every BJP rally = Adani rally. Every Opposition win = Adani panic.
EduInvestor Verdict: ⚠️ High beta, high drama. For brave hearts.
5. 🚀 Bharat Electronics Ltd (BEL)
Why: Key electronics & radar provider to armed forces. Quietly executing massive orders.
👨💼 Modi 3.0 = more surveillance, more defence modernisation.
EduInvestor Verdict: ✅ Dividend + growth combo. Ideal for conservative bulls.
6. 🏢 L&T (Larsen & Toubro)
Why: Infra king of India. Gets government orders across roads, metros, defence, and now semiconductors.
🚇 Stable NDA = predictable project pipelines.
EduInvestor Verdict: ✅ Long-term winner. It builds India — literally.
7. 🌿 Patel Engineering / KEC / KNR Infra (Pick One)
Why: Niche infra PSUs and EPC players in irrigation, tunneling, expressways. Silent wealth creators.
✅ Modi govt’s love for rural & water infra = guaranteed orderbook.
EduInvestor Verdict: ⚠️ Low liquidity, high reward. Do your homework.
⚠️ But If Modi Doesn’t Win…
Let’s be realistic. Opposition-led coalitions = potential policy U-turns, market panic (temporary), and bureaucratic slowdown.
What happens?
- PSU stocks tank (IRFC, HAL, RVNL take damage)
- Adani stocks may freefall (just on sentiment)
- Market takes a short-term dive
- Gold, FMCG, Pharma, IT become “safety zones”
🪙 Safe Haven Stocks to Shift To (If Uncertainty Reigns)
| Stock | Sector | Why It Works During Chaos |
|---|---|---|
| HUL | FMCG | Staple spending stays strong |
| TCS / Infosys | IT | Dollar revenue hedge |
| Divi’s / Sun Pharma | Pharma | Global sales, low political linkage |
| Titan / Asian Paints | Aspirational | Low volatility, brand power |
| HDFC Bank / Kotak | Private Bank | Stable lenders in any regime |
| Gold ETFs / SGBs | Metal | The OG stress reliever |
🎯 Strategy Table: Modinomics vs No-Modinomics
| Market Event | What to Do |
|---|---|
| BJP wins 300+ seats | Buy PSU + infra + defence stocks |
| BJP wins <250 seats | Buy gold, pharma, FMCG |
| Coalition govt | Trim PSU, increase private banks |
| Hung parliament | Don’t buy anything. Buy Maggi. |
🧠 EduInvestor Playbook
- If you believe Modi wins:
✅ Start accumulating IRFC, BEL, HAL on every dip. - If you fear political volatility:
✅ Load up on gold ETFs, FMCG, IT, and sip chai. - If you don’t care about politics:
✅ Just invest in L&T and Titan. They don’t care either.
🗳️ Final Words: Don’t Vote With Emotions — Vote With Allocation
The election might change the narrative.
But long-term wealth isn’t built in breaking news.
Keep your allocation flexible.
Bet on trends, not slogans.
And remember — governments may change, but compounding doesn’t.
