India's equity markets could fall from current levels in the June-to-August period if Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) wins fewer seats than expected, a chief investment officer at Incred Capital said on Tuesday. Opinion polls suggest the BJP will easily win a majority despite worries over unemployment, inflation and rural distress in the world's most populous country. "Post election results, there could definitely be declines and volatility if numbers are lower than expectations," Rishi Kohli, CIO for hedge fund strategies at the financial services firm, told the Reuters Trading India forum.
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