Apr
25
Trader’s Guide to India Elections Says It’s Time to Buy Equities
By-
Two years straddling national votes tend to be good for stocks
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Modi faces a ballot due by 2019, with majority at stake
Indian stocks have been roughed up along with most markets in recent months, but there could soon be reason to cheer. National elections are due by 2019, and modern history shows that tends to be a good thing for investors.
While Prime Minister Narendra Modi faces an uphill battle to sustain his party’s majority in the key lower house of parliament, the past six elections show positive returns for Indian equities over the two years that straddle the vote — regardless of whether power changed hands…
