D-Street’s worries go beyond just elections. But there’s a silver lining

INSUBCONTINENT EXCLUSIVE:
Industries Ltd
and software exporters Infosys Ltd
That advance has pared, and the gauge is almost back to flat
is 7 times stronger. As Prime Minister Narendra Modi frets about his upcoming re-election bid, here are other things that have also been on
While cheaper borrowing costs tend to be a good for stocks, one concern is they could hurt the exchange rate, pushing up inflationSome
setting aside short-term volatility expected around elections, the votes themselves are not expected to be a key driver for the long-term
health of markets even if Modi gets ousted, according to analysts and investors. Anand Radhakrishnan, chief investment officer of equity at
automobiles, consumer firms and software exporters to report good profit and revenue growth for the next few years. While the formation of a
stable government is important for the sake of continuity, previous election cycles have shown neither growth nor reform stall if a
government changes, Societe Generale SA analysts Kunal Kundu and Rajat Agarwal said in a recent report
Polls may pose a near-term risk for equities, but beyond that markets will focus on the trajectory of earnings
indicator that could give investors something to get excited about
earnings. Jaguar owner Tata Motors Ltd
sank the most in 26 years on Feb
around the world
The decline dragged the Nifty 50 to a 1.1 percent drop, its worst since December
The monthly average intraday move for the SP BSE Sensex Index has slipped for a second straight month in February after spiking at the end
of last year, according to data compiled by Bloomberg.