In 2019, financial markets reacted affirmatively to general elections, after a clean sweep by BJP & Narendra Modi’s consecutive victory as India's PM.
PM Narendra Modi/ AFP
The India General Elections 2024 is one big hope for a better nation and a significant future. As we are done with the India General Elections 2024, standing at the crossroads, waiting for another big surprise, let’s talk about how the markets will react to the upcoming unpredictability. In 2019, the financial markets reacted affirmatively to the general elections, after a clean sweep by the BJP and Narendra Modi’s consecutive victory as the Prime Minister of India. The investors were thrilled to bits, and this optimism resulted in a surprising spike in the SENSEX by 1000 points and NSE NIFTY by 12,000 points. This was the instantaneous market reaction post-2019 general elections.
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