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According to a Bloomberg News survey of market participants, Indian stocks require Prime Minister Narendra Modi s party to secure more than 303 seats in the general election to continue their unprecedented rally. The survey, which included 32 asset managers, strategists, and dealers, suggests that a reduced majority for the ruling BJP could result in a 2% decline in the NSE Nifty 50 Index, along with potential losses in the rupee and sovereign bonds. ....
India's Equity Rally Hinges on Modi Bettering 303-Seat Tally bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Indian stock rally hinges on BJP winning over 303 seats in the general election, according to a Bloomberg survey. A smaller majority may lead to a 2% drop in the NSE Nifty 50 Index. Investors anticipate gains of about 3% if BJP exceeds 303 seats, aiding economic growth reforms. ....
India Business News: According to a Bloomberg News survey of market participants, Indian stocks require Prime Minister Narendra Modi's party to secure more than 303 seats ....