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State poll outcome is not a big worry for the markets: U R Bhat

The BJP has not done well, especially in the large states. As far as the markets are concerned, the state election results do not matter much

Markets, Up, Down, BSE, NSE, Stocks
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The Bharatiya Janata Party (BJP) has not done well, especially in the large states. As far as the markets are concerned, the state election results do not matter much. This time around, people are extrapolating this to the general elections scheduled in 2019.  I believe that the current dispensation at the Centre still has some hold over the electorate. This, in turn, is giving hope to the market. The markets have digested the bad news and are now looking ahead to other events. The general elections are still a few months away. In the interim, most negative information is ...