Ab ki baar NDA Sarkar? Analysts turn ‘defensive’ on India after LS polls | News on Markets

The market strategy post Lok Sabha elections 2024 has taken a defensive turn, with most analysts expressing concerns about India’s future. The fractured mandate in the recent elections has cast doubts on the formation of a stable government and continuity in policies.

Although the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) is expected to come to power, the uncertainty surrounding policies may lead to a slowdown in decision-making and reforms. There is a possibility of policy priorities shifting in the short term, according to experts.

“We are adopting a defensive approach towards the markets following the disappointing election outcomes, with the BJP falling short of an absolute majority,” said analysts.

The situation is evolving, and it is crucial to closely monitor the developments in the market post the Lok Sabha elections. Stay informed for any updates on this topic.