Hello readers,
This is very interesting
times for the Indian market with the markets (Sensex and Nifty) touching new
highs in recent times (22700 and 6800) with gloom and pessimism being replaced
by optimism and hope. The NAMO victory is already discounted in the market
prices and any negative surprise with NDA winning less than 200 seats could
upset the markets leading to 10-15% declines in the short term. Strong victory
with > 220 seats for NDA could result in 4-5% uplift in the market with Sensex
going near 24000 in short term.
