Futile to link market movements with poll-related jitters: Nilesh Shah

Nilesh Shah shares his insights on these developments, explores whether the initial low voter turnout is causing concern in the markets, and delves into investment strategies against this backdrop

The ongoing Lok Sabha (LS) elections in 2024, coupled with the declining voter turnout, have left investors speculating about the election results. NILESH SHAH, managing director at Kotak Mahindra Asset Management Company, shares his insights on these developments, explores whether the initial low voter turnout is causing concern in the markets, and delves into investment strategies against this backdrop during a Zoom call with Puneet Wadhwa. Edited excerpts:

With less than a month remaining before the Lok Sabha (LS) election results are announced, there’s speculation surrounding the ‘Abki Baar, 400 Paar’ (‘This time, over 400 seats’) narrative. Should this narrative