Mumbai/IBNS: The six-week long Lok Sabha elections have reached its final stage with the Election Commission of India (ECI) going to hold the last phase of polls on Saturday (June 1), and the financial markets are eagerly waiting for the national polls' verdic, which is scheduled to be counted on June 4.
The possibilities of the upcoming Lok Sabha election results are varied and carry significant implications for the Indian share market. Each scenario will elicit different market reactions, with potential impacts on equity indices, the rupee, and bond yields. What could happen if the BJP registers a thumping victory? And what would be the impact if it does not?
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