
Markets overview: Are the blues receding?
Indian equity markets have witnessed upswing post the U.S. and Bihar elections, and improved risk sentiment has invited higher capital flows.
Indian equity markets have witnessed upswing post the U.S. and Bihar elections, and improved risk sentiment has invited higher capital flows.
Nevertheless, market participants still need to negotiate volatility, says the report.
A detailed look at data reveals that Modi 1.0 had a far superior record on disinvestment compared to UPA 2.0.
Sensex, Nifty hover near lifetime highs after the inauguration of the new Cabinet, but close lower after realising that the new government has old challenges to tide over.
Benchmark indices first celebrated Modi’s second victory with all-time highs, and then fell to reality of fundamental challenges for the incumbent government.
With the NDA set for a second term, corporate India says political risk has reduced and market expectation for policy continuity has been addressed.