How stock markets have fared on election results day and afterwards - ​Election and markets​

How stock markets have fared on election results day and afterwards – ​Election and markets​

Byaea2ede5_admin

​Election and markets​

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​Election and markets​

The outcome of the Lok Sabha elections would be known on June 4 wherein investors would be keenly watching how many seats Street favourite BJP wins. Let us look at how the benchmark index Nifty has performed on the results day, the day after, and the next five trading days following the results for the last four general elections.

AP

​2004 elections​
​Nifty fell 12.24% on election result day. The next day it bounced back 8.3%. In the next 5 days after election results, the index was up nearly 16%.​
2009 elections
On election day, Nifty rose 17.74% and fell marginally by 0.11% the next day. In the next 5 days after election results, the index ended 2% weaker.

Agencies

​2014 elections
​Nifty ended the result day higher by 1.12% and topped it up with another 0.84% rally the next day. In the next 5 days after election results, the index ended 2.28% stronger.

ET CONTRIBUTORS

2019 elections
Nifty ended result day 0.69% lower but recovered 1.6% the next day. In the next 5 days after election results, the index ended 2.48% higher.

ETMarkets.com



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