SEBI and CBI are prosecuting YouTube influencers who give false market advice. Well, what about prosecuting Nirmala Sitharaman? After taxing the middle class no end she told us to invest in the markets as there will be a bull run on 4 June. Instead, people are drowning in losses and some may have become bankrupt.

This horrible woman should reduce income tax rates by 15% across the board or resigns.

I’ve taken a huge, huge hit. I lost Rs 15 lakhs in profit yesterday because I got fooled by exit polls and also confirmation bias. I gauged the political mood from conversations with people in Delhi, Mumbai and Kolkata. In hindsight, I made a mistake and was trapped in an echo chamber, as the people I spoke with are all rich or upper middle-class, plus living in big cities. This class ALWAYS votes for the BJP. Duh!

I thought I understood the mood of the poor masses by speaking with Uber drivers and Starbucks waiters (who all told me that they support Modi) but now I realise that Uber drivers and Starbucks waiters aren’t the masses. They are actually lower middle class and educated up to class 12 at least, which places them in the top half of the Indian population and not the bottom half.

Coming to my stocks, I bet on two small companies owned a fixer close to the BJP. My best bet is that he gets some government contracts and the stocks rise, plus there is a bull run post the monsoon and some boosters from the government. I will exit the market entirely after that, because I don’t see this government lasting for 5 years.

Chill, people. Even if the Congress comes to power the markets will do well, because Adani and Ambani fund them too. In the leaked Nira Radia tapes, Vajpayee’s adopted son Ranjan Bhattacharya was caught on tape saying that Mukesh had told him: “Congress mera dukaaan hai.” Google and look it up.