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Results of state elections are better than what market expected, says Raamdeo Agrawal

Updated : December 12, 2018 06:20 AM IST

Reacting to the trends in counting of polls, Raamdeo Agrawal, Co-Founder, Motilal Oswal Financial Services said that the results were better than what market had expected.

"I am surprised by Madhya Pradesh’s (MP) results," he said. He further said that the market had discounted a lot more than reality. According to him, market’s fear from Monday had disappeared.

On market front, he said, “Do not bother too much about the politics. It is very difficult to predict and things can change in the last minute.”

“I am more concerned when I am saying this from the viewpoint of investing. We have to be invested in all the time; when the market is up, down and political changes happen and things changing all over the world,” he added.
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