Elections are bigger for market than budgets but don’t affect long-term portfolios: N Jayakumar
“As for elections, this is one place where I feel a change will not be seen positively. We need continuity. Numbers can vary. Some may even argue that a coalition with moderated numbers may be a better thing. I am not a political pundit. All I know is that many of these do not stand the test way beyond a couple of weeks. Unless something drastic happens, it will come and go; that too will pass.”
