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Lok Sabha election uncertainty to keep India's stock markets jittery: Poll

An alliance of regional parties would be the worst outcome, knocking the market down 7.5 percent in the vote's immediate aftermath, according to the poll replies.

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Reuters
How Indian shares fare this year will depend heavily on the outcome of national elections in May, with market experts polled by Reuters saying a majority win for the ruling party would be the most favourable outcome for equities.

Since hitting a record high of 38,989.65 on Aug. 29, the BSE Sensex index has fallen roughly 8 percent. This year, it is down about 0.3 percent, as there has not been the kind of recovery from late 2018’s deep equities sell-off that other major stock indexes have had.

The absence of a 2019 rally partly driven by increasing uncertainty before the election,

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First Published: Feb 28 2019 | 12:41 PM IST

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