Global brokerage firm Jefferies has identified HAL, L&T, and ABB India among the top 7 stocks that could potentially surge by up to 33% if Prime Minister Narendra Modi's government retains power. The firm believes that the industrial sector outlook will receive a significant boost if the current government continues, as indicated by exit polls. Jefferies specifically highlights the strong visibility in power and defence linked capex, pointing towards a promising future for these sectors. Moreover, the Modi government's emphasis on capital expenditure (capex) has led to increased investor interest in related stocks. Analysts anticipate a shift towards new priorities post-election results, including urban housing, infrastructure development, green hydrogen, solar power, and scaling up nuclear power. The article also mentions the positive sentiments surrounding domestic cyclical sectors such as infrastructure, defence, and automobiles, which are expected to be major beneficiaries in the post-election period. Additionally, it is anticipated that the small and mid-cap space may outperform large caps in the short term, with a focus on domestic cyclical sectors and PSUs. Investors are displaying confidence in equity as an asset class, following multi-year investment themes centered around Capex, Capital, and Consumption. The investment community is closely monitoring the outcome of the election and the subsequent market movements, with a positive sentiment towards the potential growth trajectory of the industrial sector in India.