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Karnataka elections won’t matter much for the markets, says UR Bhat

Updated : April 26, 2018 14:17:08 IST

UR Bhat, Director at Dalton Capital Advisors, discusses with Prashant Nair and Ekta Batra, his analysis on the fundamental side of the market as well as specific stocks and sectors.

Speaking about the upcoming Karnataka elections, Bhat believes that assembly elections does not matter so much to the national politics or even the markets, except if the BJP gets beaten very badly. However, he believes that if BJP is able to pull off the Karnataka elections, then it can be a significant positive for the market.

Bhat said oil prices have been a big shock for the country. He said that it is important to see how the US-Iran issue plays out, especially about the nuclear deal and US-North Korea Summit.

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.
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