2024-06-04 05:44:13 pm | Source: PR Agency
Views On Markets today Yashovardhan Khemka, Senior Manager, Research & Analytics at Abans Holdings Ltd
Below the Views on markets today Yashovardhan Khemka, Senior Manager, Research & Analytics at Abans Holdings Ltd
The Election results are showing a less than halfway mark for the current BJP government, Pointing towards a coalition government. This will lead to dependence on allies in making key policy decision, and sharing certain cabinet seats, which will lead to policy paralysis and uncertainty in the government’s functioning.
The markets, are pricing the risk associated with this scenario, and the potential impact of shift toward socialistic policies by the government, thus leading to sell-off in the market
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