Market to get riskier ahead, says report

Today's Latest

India thrash SA in Ranchi, clinch Test series 3-0

Ranchi, Oct 22 (IANS) India registered an emphatic victory over South Africa by an innings and 202 runs in the...

SC grants bail to Chidambaram in INX Media corruption case

New Delhi, Oct 22 (IANS) The Supreme Court on Tuesday granted bail to former Finance minister P. Chidambaram in the...

Deepika, PV Sindhu will represent PM Modi’s Bharat Ki Laxmi

Mumbai, Oct 22 (IANS) Actress Deepika Padukone along with world badminton champion P.V. Sindhu will be representing Prime Minister Narendra...

Popular Today

Bengaluru most conscious city to buy eco-friendly products

Bengaluru, Oct 22 (IANS) Bengaluru is the most conscious city when it comes to buying eco-friendly and sustainable products as...

Airtel tops in fastest download speed, Jio tops 4G availability

New Delhi, Oct 22 (IANS) Bharti Airtel has displayed fastest download speeds of 9.6 mbps and best video experience across...

India is at the core of Uber’s growth strategy: Dara Khosrowshahi

New Delhi, Oct 22 (IANS) India is at the core of Uber's growth strategy for the next five to ten...
India Updates
India Updates is an independent news & Information website. Follow us for regular updates on News and Information.

Market to get riskier ahead, says reportA new report has suggested wilder fluctuation in the stock market ahead, with the outcome of the general election less than a fortnight away.

Investors sentiments are already dented as the volatility indicator or the ‘VIX’ on Wednesday logged the highest level since September 2015.

- Advertisement -

Historically, this nervousness around the general elections has seen the Nifty move over 30 per cent in 2004 and 2009. It was 14 during the last general election when BJP came to power, said the HDFC Securities report.

“Market is likely to be very volatile from May 20 onwards on the outcome of the exit polls. Another round of volatility will be witnessed on the day of counting, May 23,” the report said.

The report projected that if BJP gets more than 272 seats, markets will rise sharply as “markets are not expecting BJP alone to get a clear majority”.

This will see the beaten down stocks to do very well. If an NDA-led BJP government comes to power, markets will react positively “as uncertainty will end”, but a negative response on the result day is to be expected if NDA fails to form the government as it an “unexpected outcome”.

The reports also advised the investors who hold large equity portfolios to hedge them through buying Index Put Options. “However one should understand that hedging is like an Insurance, which comes with some cost,” it added.

IANS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

Dell Technologies to double down on robust partner ecosystem in India

New Delhi, Oct 22 (IANS) For Dell Technologies, India holds a major place on its Asia Pacific growth map and...

Airtel tops in fastest download speed, Jio tops 4G availability

New Delhi, Oct 22 (IANS) Bharti Airtel has displayed fastest download speeds of 9.6 mbps and best video experience across all telecom circles in India,...

Nirvani Akhara files note on right to manage deity’s worship

New Delhi, Oct 22 (IANS) The Supreme Court on Tuesday allowed Nirvani Akhara, one of the Hindu parties in Ayodhya title dispute, to file a...

Kartarpur agreement likely to be signed on Oct 24

New Delhi, Oct 22 (IANS) The signing of the Kartarpur Corridor agreement between India and Pakistan is likely to be postponed by a day due...

Railways to spend Rs 18,000 cr to run trains at 160 kmph

New Delhi, Oct 22 (IANS) In a bid to increase the speed of the trains up to 160 kmph on the busy Delhi-Howrah and Delhi-Mumbai...

More Articles Like This