In an interview with CNBC-TV18's Latha Venkatesh, Anuj Singhal & Sonia Shenoy, Udayan Mukherjee gave his reckoning on Samvat 2075 on the occasion of Muhurat trading.
Om market, Udayan Mukherjee said, “It is a day where you should be optimistic because it is a special day, but I will hold my adjustment on the market and see how it plays out."
"It is not just about the price action and a lot of people talk about the various factors which are leading the market from crude to the rupee to the bond yield. But between this Samvat and the next one -- elections -- might have a very big bearing on the market," he said.
The state elections and then leading up to the next 5 or 6 months to the big 2019 election will actually shape how the markets do in the near term,” Mukherjee said.Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.