by THO
Live: BJP’s state election wins should allay market concerns over political risks | Opening Bell
With the outcome overwhelmingly in favor of the incumbent BJP, the confidence of the equity market in the current dispensation and political continuity post 2024 Lok Sabha elections will get a boost.
This augurs well for macro and policy momentum for India, which, at the moment, is seeing the highest growth among major economies (both GDP as well as corporate earnings
In the week, investors’ attention will mostly be directed towards the release of services PMI data from India, the US and China, and the RBI policy meet. All eyes will be on the last Monetary Policy Committee (MPC) meeting outcome of this calendar year, scheduled on December 8.
In today’s trading session, group and themes to watch out for will include the names of Adani Group Companies, PSU companies, OMCs and FMCG amongst others.
Catch Moneycontrol’s Nickey Mirchandani and N Mahalakshmi in conversation with Rohit Shrivastava, Founder and Market Strategist at indiacharts.com and Andrew Holland– Chief Executive Officer, Avendus Capital Public Markets Alternate Strategies LLP.
