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Decoding Lok Sabha election results 2019: 6 reasons how the verdict became a pro-incumbency vote

272/543
L :0
W :353
L :0
W :92
NDA :353
UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
TMC
22
+
YSRCP
22
+
Other
53
VIDEOS
Market

Earnings setback could lead to Nifty falling below 11,000, says Sharekhan’s Rohit Shrivastava

Updated : March 28, 2019 01:37 PM IST

Rohit Shrivastava, Fund Manager PMS at Sharekhan, expects a lot of setbacks in earnings and believes that could pressurise the market, leading to Nifty falling below 11,000.

“Likely to see a lot of setbacks as far as earnings are concerned which is why there will be pressure on the market and you need to be open to the idea that you can head back below 11,000, maybe retest 10,800-10,600,” said Shrivastava.

“I think the upside is capped; 11,573 is the high that we have made, broadly 11,600...," he said, adding the idea is to be open to more downside than upside.
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