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What does everyone here think and what’s the gossip in your law firms? How are your stocks doing?
Secondly, we've had a bull market for awhile, correction gonna correction
Third, if you have MFs, hodl
I was surprised to see that the 'Japan Times' had run an article which said BJP will suffer a defeat in these elections, but only to find out at the end of the article that it was written by Shashi Tharoor 😂. In fact, most of these 'BJP losing majority' articles that I read, were simply new articles quoting opposition leaders saying the same (most of these articles were simply quoting or referencing Tharoor).
Have few challenges at my end, otherwise I would love to sell some of my positions and pocket the money.
absolutely not the same thing
Stock market & elections: What to do if BJP wins 300-330 or below seats in Lok Sabha polls?
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https://www.businesstoday.in/markets/company-stock/story/stock-market-elections-what-to-do-if-bjp-wins-300-330-or-below-seats-in-lok-sabha-polls-428885-2024-05-09
I personally think people are getting unnecessarily worried about the turnout. How do we know the people who didn't turn up to vote are not Congress voters? Why should we assume that Muslims had higher turnout? Maybe there has been a dip in Muslim voter turnout this time, as they don't see the Congress as a suitable challenger? Let's wait till at least 1 June when the exit poll data is out, instead of being swayed by armchair Twitter analysts.
Classic case of woke LI readers wanting to have their cake and eat it too, without doing basic reading of the Sen-Bhagwati debate.
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https://m.economictimes.com/markets/stocks/news/markets-rebound-on-shahs-400-call/amp_articleshow/110098240.cms
Call me a sceptic, but I think the rebound is overly optimistic and the NDA will not cross 400. Even in yesterday’s phase the turnout dipped. In every phase the middle class is staying at home, while Muslims, Yadavs and Jats are consolidating. I think the market will crash in June and it’s best to either move your money to pro-Congress companies or just park it in an FD.
Hope OP gained back his 9 lacs! And I hope all the idiots who simply downvoted any comment which dismissed claims of BJP losing majority, would have learned their lessons to actually READ the news articles' content rather than just the title of the articles.