EquityPandit.com Analysis: Effect of Election Mania on Indian Stock Market
Published on Wednesday, May 13th, 2009 at 8:53 AMAuthor: aparakh (44 Articles)
Indian Stock Market has seen lot of positive and negative trends in the Election month. Lot of volatility was seen in the market for past 5 weeks. This process may continue until the election results are clearly visible. Many traders have lost their money in this volatile market, but investors were big gainers, Here, EquityPandit.com brings its analysis for the direction of stock market in the upcoming days.
Read the full post for better understanding and book profits by predicting the direction of the Indian stock market in the Election time:
Election Year 1998-1999
|
Date |
Event |
Market Movement |
|
Feb-16 to Feb-28 |
First to Fourth poll Voting |
Up by 12% |
|
March-6 |
NDA Won the Election |
Up by 3% |
|
Overall movement in Feb |
Election Month. |
Market was up by 12% |
|
Oct-Nov 1999 |
NDA lost majority & Voting for new government begin. |
Market was down by 13% |
|
Nov-Dec 1999 |
NDA won again with full majority |
Market was up by 23% |
Read the Full Analysis at EquityPandit.com
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