Market Confidence To Return

Earlier in the month, when the exit polls gave a clear verdict to the NDA, the markets reacted positively with the Sensex jumping up by over 1400 points. On judgment day with the results confirming the verdict, the markets showed their euphoria again with the Sensex scaling mount 40,000 before correcting itself. With a clear mandate, confidence is expected to return to the markets and corporates after months of uncertainties and help in correcting the cyclical slowdown in the markets and the economy. Riding on this wave, the markets are expected to do well going forward. Investors who had mostly adopted a wait and watch policy are expected to come forward and invest in the markets again soon. Both domestic institutional investors and foreign institutional investors are expected to come back into the market with full force and remain stable in the market with political stability and the...