Business Standard

Election outcome uncertainty, earnings: Should you sell in May and go away?

Indian markets, experts say, are already pricing in a victory for the Modi-led NDA in the ongoing general elections, albeit with a reduced majority.

markets
Web Exclusive Premium

Puneet Wadhwa New Delhi
The month of May is traditionally considered bad for equity markets in Europe and the US, as fund managers typically go on a long summer vacation. Back home, the outcome of the ongoing general elections, corporate results, oil prices and rupee level are some of the key factors investors will monitor closely at a time when the indices are trading close to all-time highs.

In the past 10 years (since 2008), the S&P BSE Sensex has given a positive return on seven occasions. In 2009 the index rallied 28 per cent post election when the outcome saw the United Progressive

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 30 2019 | 10:45 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com