The upcoming elections across five states – Chhattisgarh, Madhya Pradesh (MP), Rajasthan, Telangana and Mizoram – that begin on November 7 and are a lead-in to the general elections scheduled for May 2024 may not be much of a bother for the markets, at least for now, believe analysts.
This, they believe, is because the electorate votes differently in the state and general elections. On their part, the markets, they said, are only looking for a stable regime and policy continuity over the long term.
“We would closely track the results for signs of read-across to the general elections. The