From my posts on other forum :
Exit poll results are like predicting trend from BN option chain..
There will be multiple views and BN will move negating all the predictions
Heard in news:
Congress having edge in MP and Rajasthan
BJP favourite at Chhattisgarh
Again different channels will show different exit poll results.
And as counting goes on, there could be anxious positions(politically) will emerge.. And many retail traders will start behaving as if the results are the only important event for the markets.. Leading to much volatility..
My personal view:
Even in LS polls in 2019, major foreign investors will see whether any stable govt is formed..
Whether it is by BJP or CONGRESS is immaterial..
Because, in reality, there is no change in economic policy approach between these parties..
Only stable govt is all required.
I mean there is no major difference between these two main parties..
If any third front, without involving both BJP and Congress, is forming the govt will cause uncertain outlook in the eyes of the foreign investors.
Exit poll results are like predicting trend from BN option chain..
There will be multiple views and BN will move negating all the predictions
Heard in news:
Congress having edge in MP and Rajasthan
BJP favourite at Chhattisgarh
Again different channels will show different exit poll results.
And as counting goes on, there could be anxious positions(politically) will emerge.. And many retail traders will start behaving as if the results are the only important event for the markets.. Leading to much volatility..
My personal view:
Even in LS polls in 2019, major foreign investors will see whether any stable govt is formed..
Whether it is by BJP or CONGRESS is immaterial..
Because, in reality, there is no change in economic policy approach between these parties..
Only stable govt is all required.
I mean there is no major difference between these two main parties..
If any third front, without involving both BJP and Congress, is forming the govt will cause uncertain outlook in the eyes of the foreign investors.