Impact of election results on the stock market

Sensex crosses 40,000 in stock market after impact of election results

Experts believe that small investors should refrain from making any kind of investment in the stock market, as the market can see big fluctuations.

The Sensex-Nifty initially saw a rebound as soon as the NDA got a majority in the opening trend of the Lok Sabha elections. The Sensex opened 500 points higher at 39,633 on Thursday. The Nifty opened at 11,889 points, up 151 points. By 10 pm, the Sensex had gained 790 points. The Sensex later jumped to 40,000. Experts believe that small investors should refrain from making any kind of investment in the stock market, as the market can see big fluctuations.

Nifty could cross 12 thousand:

Market experts say that if the BJP-led NDA coalition gets more than 300 seats, the Sensex could break the 40,000 mark, while the Nifty could cross the 12,000 mark. The Sensex closed 110 points higher on May 22, a day earlier. Market experts say that investors should stay away from the market or invest with extreme caution.

Sensex rises 14,889 points during Modi's rule:

The Sensex was at 24,121 points on May 16, 2014, the day of the election results, now it is at 39,110 on May 22, 2019, a day before the counting of votes. Thus, the Sensex has gained 14,889 points in the last five years. In a single year, the Sensex has risen by about four thousand points.

Advise small investors to stay away from the market: According to experts, the exit polls conducted so far and the actual results are different. In that case, small investors should stay away from the market. However if you want to invest you should invest with the intention of investing for a long time. As soon as the results come out, there is a lot of excitement in the market. It is advisable for small investors to invest only after the market stabilizes.