Try GOLD - Free
Simulating Market Impact Of Election Results
The New Indian Express
|May 27, 2024
I do not claim to be a political soothsayer or expert by any yardstick, and my area of limited domain expertise remains the financial markets.
As I have often said before, usually the only thing tougher than predicting the markets is predicting an electoral verdict.
While investing, one needs to be clinical and set aside one's political views and prejudices. Hence, let us embark on an electoral verdict simulation exercise and its probable impact on the stock indices which have understandably turned volatile ahead of the election finale.
Given that the ruling party and the formation it leads started this election as favourites and still remains so, we shall base all our hypothesis around the number of seats they might win.
Scenario 1: The ruling BJP secures 340-350 seats and the NDA Alliance crosses 370 seats (2/3rd majority).
This story is from the May 27, 2024 edition of The New Indian Express.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express
The New Indian Express
Sebi sets ₹25 cr minimum trade size for block deals
CAPITAL markets regulator Sebi on Wednesday set the minimum block trade deal size limit of ₹25 crore, introducing two trading windows with tighter price limits and enhanced disclosure norms.
1 mins
October 09, 2025
The New Indian Express
7 killed, 3 injured in AP cracker unit explosion
Six workers perished instantly, and one succumbed to injuries during treatment; the condition of injured also serious’
1 min
October 09, 2025
The New Indian Express
Congress may get 57 seats, to spare two for new ally
Bihar polls: Party to field 17 out of 19 MLAs, finalises 25 names, Last House met for 146 days, lowest since Independence
2 mins
October 09, 2025
The New Indian Express
US hand? PM attacks Cong over 26/11 reply
PRIME Minister Narendra Modi on Wednesday attacked the Congress, demanding that it disclose which foreign power intervened and stopped India from taking military action against Pakistan in the aftermath of the 26/11 attacks.
1 min
October 09, 2025
The New Indian Express
B'desh armed with fresh belief and power
FOR a while, on a tense Tuesday night at the ACA Stadium in Guwahati, Nigar Sultana's Bangladesh had England on the ropes.
3 mins
October 09, 2025
The New Indian Express
Attack on CJI reflects true face of fascism: Udhayanidhi
THE attack on the Chief Justice of India reflected the \"true face of fascism.\" Deputy Chief Minister and DMK youth wing secretary Udhayanidhi Stalin said on Wednesday.
1 min
October 09, 2025
The New Indian Express
Testing battles await Harmanpreet and Co
With tough fixtures ahead, India will be hoping to produce their best
2 mins
October 09, 2025
The New Indian Express
BJP mulls permanent national commission for denotified tribes
THE BJP is in favour of the proposal seeking establishment of a nationallevel permanent Commission for the welfare of thousands of denotified, nomadic and seminomadic tribes, and a decision is likely to be taken after leaders of the BJP’s OBC Morcha meet Prime Minister Narendra Modi and Home Minister Amit Shah.
1 min
October 09, 2025
The New Indian Express
Sohrabuddin encounter: CBI accepts acquittal of all
THE Central Bureau of Investigation (CBI) on Wednesday informed the Bombay High Court that it would not challenge the acquittal of all 22 accused in the alleged fake encounter case of gangster Sohrabuddin Shaikh in 2005.
1 min
October 09, 2025
The New Indian Express
K-POP TRACKS TO TUNE OUT TARIFF TINNITUS
Like India, South Korea is facing Trump's tariff threats and investment demands. At such a time, the East Asian nation is trying to get economically closer to India
4 mins
October 09, 2025
Listen
Translate
Change font size