ADVERTISEMENT

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.

An electronic ticker board is reflected in a man’s glasses as he analyses the latest stock prices at the Bombay Stock Exchange (BSE) in Mumbai. (Photographer: Adeel Halim/Bloomberg)
An electronic ticker board is reflected in a man’s glasses as he analyses the latest stock prices at the Bombay Stock Exchange (BSE) in Mumbai. (Photographer: Adeel Halim/Bloomberg)
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...
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More