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Mid-Cap Investors Worried About Elections Can Take Heart From History
Foreign investors were net buyers of Indian equities in all the four previous general election years.
22 Mar 2019, 09:59 AM IST
While the general election is causing uncertainty in the market, investors can take heart from history.The benchmark index has returned gains in each of last four election years. Mid caps, too, rallied in those years, particularly after the results are announced.The Nifty 50 Index, for instance, rose between 32 percent and 67 percent during the election years. The index also returned gains a month before elections and on result day i...
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