Indian bond yield sees biggest spike in 8 months on uncertainty over election results 2024; 10-year yield above 7%

Indian bond yield sees biggest spike in 8 months on uncertainty over election results 2024; 10-year yield above 7%

Indian government bond yields jumped sharply on Tuesday, with the benchmark 10-year bond yield witnessing its biggest surge in eight months, as early voting trends in the Lok Sabha election results 2024 so far were falling short of market expectations. The benchmark 10-year bond yield was at 7.0130% as against its previous close at 6.9438%. … Read more

General Elections 2024: BJP not winning 400 seats won’t be negative for market, says Naveen Kulkarni of Axis Sec PMS

General Elections 2024: BJP not winning 400 seats won't be negative for market, says Naveen Kulkarni of Axis Sec PMS

Naveen Kulkarni, Chief Investment Officer, Axis Securities PMS, believes that BJP not winning 400 seats will not be negative for the market at all. A stable and predictable political regime is most important right now. Therefore, irrespective of the outcome, it won’t significantly affect the market, he explained.  Kulkarni further noted that if FIIs are … Read more

Elections 2024: How to position your portfolio ahead of significant events

Elections 2024: How to position your portfolio ahead of significant events

Recently, social media has been inundated with inquiries from people seeking advice on how to position themselves in anticipation of significant events, such as trends emerging from the general election at 9.15am on 4 June, when India’s equity markets open for trade. Big events often create anxiety for most people regarding the decision to act … Read more

Lok Sabha elections: Nifty 50 rallied 4 out of 5 times after results, Bank Nifty outperformed

As India gears up for the general election 2024, the sentiment on Dalal Street also turns cautious. The outcome of the election will be a pivotal event and is likely to have a significant influence on the Indian stock market as it holds immense sway over investor sentiment, shaping expectations and policy trajectories. The equity … Read more