Markets Gain Momentum Ahead Of Elections
The announcement of the schedule for 2019 Lok Sabha polls ushered in new excitement in the Indian markets. Investors are eager to shed the phase of uncertainty and move into a stable government scenario. This optimistic mood of the market participants was evident in the uptick seen in the benchmark indices during this fortnight. The BSE Sensex and Nifty outperformed their global peers, gaining more than 2 per cent. Moreover, the mid-caps and small-caps joined the party, moving up by more than 4 and 7 per cent, respectively.
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