Elections over, now stick to stocks witnessing recovery in earnings growth

For most retail investors, who also hold a day job, punting on such events as exit polls and election results can be risky

The equity markets were volatile both around the exit polls and on the day when the election results were announced. The Sensex rose 3.75 per cent on the day after the exit polls (May 20) were published, but lost 0.97 per cent the next day. On the day the election results came (May 23), the Sensex zoomed to an intra-day high of 40,100.5, but then gave up those gains during the second half and ended 0.76 per cent lower by the end of the day. Unless a trader was able to time his entry and exit around these events to