Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
VIDEOS
Market

Market is pricing in NDA victory, says stock expert Sudarshan Sukhani

Updated : May 12, 2019 01:04 PM IST

Voting is underway for 7 Lok Sabha seats of Delhi. Sudarshan Sukhani of s2analytics.com said that the market is pricing an NDA win. “The market is thinking that NDA government is going to come back into power and that is why it went up to 11,800. The recent decline that we are seeing is because the world markets are soft,” he said.

“So far as Narendra Modi makes a government again, I do not think the market will be impact because they have already priced in this outcome. In the very unlikely case that he does not form a government, the market will have a crash and it may go all the way to 10,000, “ he added.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV