Today, we see the key indices slipping at open due to weak global cues. Cricket is said to be a game of glorious uncertainties. The same also applies to Indian politics. Anything’s possible. So, brace for a bumpy ride.
A slew of exit polls have been announced. As expected, all indications point to a fractured verdict. The UPA has a slight edge, but the NDA is breathing down its neck. Attention will now shift to managing the arithmetic.
The President is also likely to play a crucial role. One will hear a lot of noises over the next few days – both before and after the results. This will give rise to speculation, uncertainty and of course increased volatility in the markets.
As a result, we would advise all to stay cautious and light before the clouds clear up.
