Will BJP's Loss In Elections 2024 Impact Markets? Chris Wood Says Yes | Jefferies | PM Modi | BJP

Jefferies' Chris Wood said that Indian markets could see a correction of about 25% if BJP loses 2024 Elections. BJP not returning to power would be a big risk for markets, he added. Wood has long been optimistic on India's growth story. He said that India has the best economic equity story among emerging markets. Here's all you need to know about the relation between market and elections. Watch

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[iemon]

Constitution is more important than markets.

[logjohn]

There is some possibility that that BJP may fall short of majority!! They have earlier clean swept many states including Karnataka, Rajasthan, Madya Pradesh, Bihar and Gujarat! They have to repeat this performance to stay at 300. Any small mis calculation will bring them dangerously close to 270 marks!!
My advice is stay away from markets, even if they achieve 300 again, the market not going to go up a lot!!

[safvansafraznawaz]

Constitution is more important then the market

[axt]

बहुत बढ़िया है, ये तो सुनहरा मौका होगा सस्ते में शेयर खरीदने का
Great, it will be a good opportunity to buy strong companies at cheap valuations

[tsetenphuntsok]

Rahul Gandhi CONGRESS Jindabad...2024, Mind it s

[AntiFurryJihad]

The market will fall if a weak bjp forms a coalition, the market will fall if INDIA makes government.

This election is very competitive unlike 2019, passing laws and policy in coalition is very difficult hece people in markets speculate a crash to bring the correction in price due to slow policy making under a strong opposition or a weak coalition, as it may be possible the government will fall before the term and a new front will take over or a re-election will be conducted

[JAANTARIQ.SA]

Boycott BJP Save india 🇮🇳
I vote for congress

[Dmytroboyco]

Most bjp followers are either from rich class(Bollywood stars, bjp bloodline relatives, medias, business tycoons etc) or hard core RSS Or Andhbhakts.... This is just a cup of rice from a ton of masses in India 😂 Bjp bye bye

[prashanthchandrashekhar]

Interesting, people have time to assess the consequences of a possibility that not even has one in a million chance..

[dombfhr]

Let it dip. Great news to get some cheap shares. Once the India block removes LTCG, the markets will fly north the moment geo political worries settle. Anyways going to see a range of -15/+15% till 31 Dec24. No big deal