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Title Bihar poll trends to set direction for mkt, volatility likely
URL https://informistmedia.com/EquityWire/39197/Equity-Alert-Bihar-poll-trends-to-set-direction-for-mkt-volatility-likely
Category Finance and Money --> Stock Market
Meta Keywords BIHAR POLL, MARKETS, EQUITY, STOCKS
Meta Description Domestic equity indices are expected to take cues from the trends of vote counting for the Bihar assembly elections Friday, analysts said,
Owner ankita shinde
Description
Domestic equity indices are expected to take cues from the trends of vote counting for the Bihar assembly elections Friday, analysts said, adding that the probability of volatility is substantially high. Vote counting in the eastern state started from 0800 IST. Nearly all exit polls have forecast the incumbent National Democratic Alliance government to return to power again in the state. Some analysts said the Bihar election results are critical in terms of assurance of stability and continuity in central government policies, not as a standalone event. While some analysts expect the market to react negatively to an unexpected setback for the NDA, others see investors shrugging off such an occurrence.