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SIMULATING MARKET IMPACT OF ELECTION RESULTS
The Morning Standard
|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).
Dit verhaal komt uit de May 27, 2024-editie van The Morning Standard.
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