As we gear up for the Lok Sabha elections in 2024, the stock values of media and advertising corporations are on the rise. This upward trend can be attributed to the anticipation of increased advertising efforts by political parties during the election year.
Political Advertising Spend
During the 2019 Lok Sabha elections, political parties collectively spent approximately ₹30,000 crore on advertisements and promotions. With the upcoming elections, this figure is expected to triple, reaching a staggering ₹60,000 crore. Such a significant increase in ad spend is bound to have a direct impact on the media, advertising, and news channels that air these campaigns.
Income Surge for Media and Advertising Businesses
Historical data indicates that media and advertising businesses experience a surge in income during Lok Sabha elections. The more money political parties funnel into advertising, the more these industries benefit financially. It’s a symbiotic relationship that sees media outlets thriving during the election season.
Influence of Key Players
One key player in this scenario is Ambani ji, who has openly supported the catchphrase “Modi hai to Mumkin hai” (With Modi, everything is possible). As the head of Reliance Industries, Ambani wields significant influence over various media outlets. With his backing of the ruling party, media and advertising companies aligned with his interests are poised to benefit from the election fervour.
Disclaimer
It’s essential to note that the information provided here is for educational purposes only and should not be construed as investment advice. The dynamics of the stock market are complex, and individual research and discretion are advised before making any financial decisions.
As the countdown to the 2024 Lok Sabha elections begins, keep a close eye on the media and advertising stocks. The upcoming political campaigns are set to inject a significant amount of capital into these sectors, potentially creating lucrative opportunities for investors.
Stay informed, stay vigilant, and make informed decisions as you navigate the exciting world of stock market investing.
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The increase in stock values of media and advertising corporations is being ascribed to the upcoming Lok Sabha election in 2024.
Given that it is election year, political parties are likely to increase their advertising efforts.
The more money political parties spend on advertisements, the more direct advantages media, advertising, and news channels receive.
During the 2019 Lok Sabha elections, political parties spent about ₹30,000 crore on advertisements and promotions.
This sum is expected to treble, reaching ₹60,000 crore.
Data shows that media and advertising businesses’ income tends to surge during Lok Sabha elections.
Furthermore, Ambani ji has supported the phrase “Modi hai to Mumkin hai,” and Mota Bhai controls these media outlets.
Disclaimer: This is not investment advice, This post is just for an educational purpose
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