As election results trickle in in Bihar, markets appear largely unfazed, with most investors viewing the political event as a known variable rather than a trigger for volatility. Speaking to ET Now, Dipan Mehta, Director, Elixir Equities, emphasized that the outcome has already been absorbed by the Street.When asked if he expects turbulence on the […]
As counting begins in Bihar today, traders on Dalal Street are preparing for what could be a volatile session. With the outcome likely to confirm or challenge the ruling alliance’s dominance, markets are preparing for three possible scenarios: a status quo victory for the NDA, a closer-than-expected contest (hung meeting) or an opposition upset. Each […]
The Indian market paused on Thursday, with Sensex and Nifty ending little changed as a four-day rally lost momentum. Gains from declining inflation and optimism over a possible India-US trade deal were offset by caution ahead of the Bihar election results.The S&P BSE Sensex rose 12 points, or 0.01%, to close at 84,478.67, while the […]