Mumbai, May 15: The country is preparing for the most crucial last phase of Lok Sabha Elections 2019 and the investors in the stock markets are taking their steps cautiously. As the markets continue to function in volatile, investors are continuously seeking strategy and looking for options to hedge funds ahead of the D-Day of democratic procedure and keeping an eye on 'Who Will Form Next Government?'
Considering the last three Lok Sabha results - 2004, 2009 and 2014 - NIFTY had moved mostly in a negative direction, leading to losses of investors. However, financial experts opine that sudden surge in points hours after the poll's results, an unexpected outcome might favour investors. Lok Sabha Election Result 2019 Predictions by Satta Bazar: Matka Players Reduce BJP's Number to 220, Congress Tottering at 100.
Experts believe, as reported by Financial Express, that if BJP gains full majority downbeat stocks could perform, even if the market may rise sharply. On the contrary, if NDA-led BJP forms the government, a positive outcome could come for investors against a cap on the upside. Interestingly, if NDA-led BJP loses power, there are high chances that markets may react negatively, leading to huge losses for investors.
Giving a blurred picture of the upcoming scenario, the market report says, "Depending on the election outcome, Nifty may swing wildly on either side. Investors who are fully invested, it is always advisable to hedge the portfolio ahead of such big events." Lok Sabha Election Result 2019 Predictions by Satta Bazar: BJP May Win Over 240 Seats, Congress 80, Say Matka Players in MP, Rajasthan And Gujarat
In the meantime, 30-share BSE benchmark closed 203.65 points, or 0.55 per cent, lower at 37,114.88 after gyrating 500 points. Also, NSE Nifty too ended on a lower note as it dropped 65.05 points, or 0.58 per cent, to close at 11,157.