In the Lok Sabha Elections 2014, the NDA is headed for a landslide victory with 339 seats out of 543 Lok Sabha seats up till now. The UPA has been routed with only 56 seats.
HDFC Securities has prepared a detailed report on the various election scenarios that can play out and identified stocks that you can buy in each scenario. Scenario 3 is where the NDA coalition beats consensus with BJP getting more than 230 seats and the NDA having more than 270. HDFC Sec has pointed out that this scenario is still not reflected in NIFTY at 7,100 and that a fresh wave can be anticipated, with significant moves in the beta counters. HDFC Sec has identified a few top stocks which are beta bets on significant policy reform and revival across the cyclical space.