Market Outlook for Monday: Post-Exit Poll Analysis
As we approach the weekend, all eyes are on the exit polls for the Lok Sabha elections, scheduled to be released on Saturday. The market is abuzz with speculation, and the consensus expectation is that the National Democratic Alliance (NDA) will secure approximately 400 seats. Here’s an in-depth look at what this could mean for the markets on Monday and beyond. Anticipated Market Reaction 1. NDA Winning 380-400 Seats If the NDA secures between 380 and 400 seats, the market is likely to react positively. Historically, such a decisive victory could trigger a 20% upmove. However, it’s important to note that the market has already priced in a significant portion of this upside since the December state elections, reflecting a 15% gain. Therefore, if the NDA hits this expected range, we can anticipate an additional 5% upside, though this movement will likely unfold gradually rather than in a single burst. 2. NDA Winning 320-350 Seats Should the NDA win between 320 and 350 seats, the market r
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