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November 07, 2018 06:22 PM | Market

Elections will be the big trigger for next 6 months, says Udayan Mukherjee

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.

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