If BJP losses in the elections and there is a formation coalition government led by INDI alliance, the market may see a strong sell-off in the knee-jerk reaction, said various experts.
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?
Samco Asset Management expects to mop up Rs 500 crore from its new fund offer that tracks long-term capital growth through undervalued or overlooked opportunities, a top company official said on Thursday.
The new fund offering (NFO) would open on May 17 and conclude on May 31.
In an interaction
Earlier, WhiteOak Capital Mutual Fund launched its Special Opportunities Fund. The scheme will be open for subscription till May 29. The fund focuses on opportunities arising out of situations spawning uncertainties in the market.
Samco Mutual Fund announced the launch of the Samco Dynamic Asset Allocation Fund. The scheme opened for public subscription on December 07, 2023, and will close on December 21, 2023.