The stock market may swing today on the basis of exit poll results
The stock market may swing today on the basis of exit poll results
The stock market may see a boom on Monday due to the trends of the current government coming to power for the third time in the exit polls of the Lok Sabha elections. According to analysts, the real boom will be seen on Tuesday, but the trailer before that can be seen a day before.
There are three important factors for the market this week. Apart from the exit poll, the results of the RBI Monetary Policy Committee meeting will come on Friday. However, this time too the repo rate is not expected to change. The third factor has been the strong GDP growth in 2023-24 and the fourth quarter.
The GDP figures came on Friday. The market was closed on Saturday and Sunday. In such a situation, the impact of GDP can be seen on the market on Monday. Santosh Meena, Head of Research, Swastika Investmart, said, the market may see a boom on the basis of exit polls. The National Democratic Alliance (NDA) is getting more than 350 seats. However, the actual results may be different from this. This may create a surprise.
