Bulls Have Upper Hand in Run-Up to India Election, History Shows
- Nifty has risen ahead of polls in each of past five elections
- Weak coalition outcome is key risk for market: Morgan Stanley
The Nifty has climbed in the six months leading to the vote in each of the past five elections, posting an average 16% return during the period, data compiled by Bloomberg show.
Photographer: Kanishka Sonthalia/BloombergThis article is for subscribers only.
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India faces a general election in about six months. If history is a guide, it’s the time to bet on the nation’s equities.