Historically, Nifty50 returns have always been positive six months prior to and six months after the results of General Elections in India get declared
The cautious easing of the lockdown in several states and the reverse migration of labour will make a return to normal economic activity a difficult task.
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
