Indian stock market hit record highs as the Sensex crossed 76,000 and the Nifty 50 breached 23,100. Nifty 50 s current PE is 21.9, slightly below its one-year average. Experts warn of overvaluation but predict sustained growth if election results align with expectations.
Indian stock market benchmarks, Sensex and Nifty 50, trade cautiously as Lok Sabha election 2024 outcome nears. Volatility persists in May. Experts do not expect major correction till election outcome on June 4.
Lok Sabha election results 2024: Prime Minister Narendra Modi said that the stock market would have a rally once the election results are out. A few days back, Union Home Minister Amit Shah asked investors to buy the dip before June 4, 2024, as the market will shoot up after that. Now the question is what should investors do till the election results are out? Is it time to accumulate more stocks or avoid the volatility and play it safe? Find out here
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