INSUBCONTINENT EXCLUSIVE:
according to FundsIndia.
Investing five to six months before the elections in 2009 and 2014 earned an average three to six percent more than
the Indian benchmark return in the five-year period to the next vote, said Vidya Bala, head of mutual fund research at the online retail
faces elections in five states before a national vote to be held by May
Some opinion polls are predicting a win for the main opposition Congress in Rajasthan, and a close contest in Madhya Pradesh and
Chhattisgarh -- both of which are currently ruled by the BJP.
A verdict in favor of continuity would be beneficial for companies that are
direct beneficiaries of an improving economic outlook, such as financial services, manufacturing, transportation and logistics firms,
Defensive stocks such as those in the consumer sector and multinational firms would likely fare better on opposition gains, it said.
Still,
