The outcome of the Lok Sabha elections could trigger a correction in the stock market. This is why

Stock market, bull, Indian stock market, BSE NSE (Photo: Bloomberg)

Indian stock markets are likely to witness a correction after the outcome of the 2024 Lok Sabha elections, according to a latest report by Bernstein, a global research and brokerage firm.

Somewhere in all this noise and glitzy razzmatazz of news studio debates, says the Bernstein Report, we seem to be losing sight of reality in many states.

For example, Gujarat and Rajasthan are experiencing unrest from various communities. As Punjab and Haryana see unrest among farmers, the arrest of Delhi Chief Minister Arvind Kejriwal is creating a stir in the national capital, the report said.

“West Bengal/Maharashtra are still uncertain; the profits are

First print: April 20, 2024 | 10:15 am IST