How State Elections results will influence Stock Market
The results of elections in five states -- Chhattisgarh, Delhi,
Madhya Pradesh, Mizoram and Rajasthan -- will be declared 8
December.Results could well influence which party comes to power in the
national elections that are due by the end of May.
Many investors are hoping the state elections will show strong support for the Bharatiya Janata Party whose prime ministerial candidate Narendra Modi is considered a pro-business leader. In the Run up to election results ,infra and capital goods indices as well as select stocks have rallied sharply, partly on expectations of a BJP/NDA will win atleast 3 out of 5 states and victory next year. Since the announcement of Modi as the BJP prime ministerial candidate,
Continue ReadingMany investors are hoping the state elections will show strong support for the Bharatiya Janata Party whose prime ministerial candidate Narendra Modi is considered a pro-business leader. In the Run up to election results ,infra and capital goods indices as well as select stocks have rallied sharply, partly on expectations of a BJP/NDA will win atleast 3 out of 5 states and victory next year. Since the announcement of Modi as the BJP prime ministerial candidate,
posted by Bramesh at
12:50 PM
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