India being the largest democratic country (in terms of population) in the world, elections have always assumed a special place in the country’s psyche.
From 17.3 crore voters and 53 political parties in the first election (1951) to 83.4 crore voters and 465 political parties in 2014, elections in India have evolved over time with the adoption of electronic voting machines and NOTA option being introduced in the electoral process.
While the outcome of election does impact various aspects of our economy in different ways, the skepticism associated with stock markets leading up to the elections is palpable. The biggest fear in investors’ mind leading up to the elections is the possibility of a fractured mandate, resulting in a coalition government of multiple parties.
This story is from the April 2019 edition of Investors India.
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This story is from the April 2019 edition of Investors India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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