Market Outlook: What top analysts and brokerages expect after Modi victory
Updated : May 24, 2019 08:12 AM IST
The final verdict is out, Narendra Modi-led BJP has won the 2019 Lok Sabha elections with a landslide victory. Now the is what will become of the markets from here on?
BSE Member Ramesh Damani said he expects more foreign fund inflows into India going ahead as there will be policy continuity and India still has a very large good scale of domestically investible universal companies and the deal flows are more likely to happen now.
Morgan Stanley expects the market to start pricing in a strong election outcome in the coming weeks causing Nifty to break its four-month range to the upside.