How important is election result for your porto
One election results either way can not and should not change the economic growth trajectory of a country like India where economic reform more or less irreversible and privatization at the cost of existing public sector units will continue. So … Plan your investment accordingly.
Hence investors, no worries … All dips are good buying for good stocks .. and at least good averaging opportunity for existing portfolio … We were building cash war chest for these days … By that I mean .. selling all possible stocks when little bit positive as we were expecting rout … So that same good stocks can be bought at cheaper valuation.
During election results and exit polls, the markets could be very volatile. Many of you are already asking us the next course of action. Our simple recommendations – Have faith in long term secular growth trend in Indian economy irrespective of whoever is ruling it.