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We will now begin a new journey to build a new India, says Narendra Modi

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

Indian market unwinding underperformance due to upcoming election results, says Udayan Mukherjee

Updated : April 01, 2019 01:05 PM IST

While global liquidity is lifting all boats, India till the end of February was underperforming because of its own reasons which are political in nature, said Udayan Mukherjee of CNBC-TV18.

“That too has turned around in the month of March and now all opinion polls are suggesting an outcome which the market had been hoping for,” he said.

On global markets, Mukherjee said, “They are rallying because of liquidity and India is unwinding its underperformance because of election results which are now seeming to be more benign.”

“It’s a combination of these two which has led to monster rally up to 11,600 and all indications are that we may rally from here on maybe past even 12,000,” he added.
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