UP results will not affect Stock Market Direction for atleast one more year

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Mar 9, 2017.

  1. kharb

    kharb Well-Known Member

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    Stock market and investers may be nervous before UP results.There may be three options in results, not in any preference or probability order.First is hung assembly.Stock market may take it as neutral ,as this may have positive impact on Modi Govt and in future if may not take Useless decisions like Demonetisation and start doing some positive work instead of just making Loud Political Noise.Second option ,BJP may win ,it will also give relief to Govt and stop it to take any useless acts like Demonetisation in future . Stock market may take it positive as it like stable and continuity of govt.Third option may be Opposition wins the election.This will also be neutral as this will strengthen Opposition and Democracy. Govt may also be forced to do some positive after learning a lesson that just blaming Opposition for doing nothing ,making Loud Political noise and taking useless decisions don't help. Govt may finally start acting for development and Governess .So in my view stock market direction is positive for atleast one more year ,and any temprary dip will be short lived.After one more year market may start looking at 2019 and till then Govt has one long year to change it direction towards real development and create jobs.Only Job creatiions can give this Govt Second chance,all other drama will fail and fall flat on its face in 2019.
     
    Last edited: Mar 9, 2017
    amboda1 likes this.
  2. w4wealth

    w4wealth Well-Known Member

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    kharb sir what about gst getting implemented in 2017? it will give big boost to markets FII will start buying aggressively once gst comes.In india logistics cost is 18% wheras world avg is 6-8%. this gap will go down significantly thru gst. gst may happen in sep/oct.
    UP results will be significant gain for bjp in no. of seats. It may change the market sentiments .
    On job creations it is all about private investment cycle.pvt investment is near 10 year low. so it is just a matter of time for pvt investment to pick up when favourable situations come.. but with gst and consolidation of organised sector job creation growth will come sooner or later.
     
  3. w4wealth

    w4wealth Well-Known Member

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    get ready everyone for a historic run in stock markets as bjp sweeps UP election under Namo 310+ seats out of 403. Truly historic.
     
    good stocks and yembee like this.
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