loksabha-opinion-poll-2014

Will Lok Sabha Exit Polls on 13th May set Direction for Stock Market ?

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Indian Stock markets are more favourably disposed towards a Modi-led BJP/NDA Government and that his victory is now being assigned increasingly higher probability. Opinion poll forecasts for NDA have moved up from 165-190 in Jul-13 to 240- 265 in Apr-14, vs. 272+ required for a majority. Markets may react quite differently to actual outcome scenarios, in the short-term. Our discussions with investors suggest that a number closer to the 272 mark or more would be taken very positively, possibly euphorically near-term. A number below 220-230 for NDA may be taken negatively short-term. An in-between

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Strong Anti-Corruption Wave – AAP to Influence 43 MP Seats in Lok Sabha 2014

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Corruption which spread like a disease in India under the influence of then Congress Prime Minister, Indira Gandhi is still the biggest issue plaguing the economy and it affects every citizen of the country. To many of our young voters you should note that the VP Singh Government in 1989 won on this basis but was short-lived. There is a lot of hope and hype about anti-corruption being a winnable strategy in national elections probably created by media hype. However, this remains to be seen at the end of May 2014.

The Delhi election was an anti-Congress vote. 40% of voters who voted for the INC in the 2008 state election voted for AAP, 9% of BJP’s voters

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