#IndiaCelebratesDemocracy 🇮🇳🇮🇳🇮🇳
India has successfully concluded the second phase of #elections 🇮🇳for a total of 88 seats today, the 26th Apr 2024. This was important as in some of these states the ruling coalition appreciates to sweep all the LS seats. While the party views and counter views are not lending any clarity, the demeanor and body language of the opposition, by no means, indicate easy giving up; hence the 400+ is ❓
This is where a #SmartInvestor 😎has to start making his own individual calculations and not wait for the 04th Jun 24 when the #ElectionResults would be declared. One has to make a position in advance. I feel the clarity may start emerging after the casting of #polls on the 07th and the 13th May 24. Hence, the next two weeks are going to be crucial for investors, purely from the election scenario, keeping all other factors like #FedRateCut, #inflation, #GlobalEconomy, #MiddleEastCrisis, etc. under control. What to do?
I want to keep it simple, anything upwards of 300-325 seats would be a decisive victory to form a formidable government 💪. Hence I won't go into the discussion of whether 400 or not ? A victory by the ruling party will bring in a lot of positive momentum in the market, the weight of the momentum may be decided by the number of seats won and that would also bring in a lot of FIIs money into the #SENSEX #NIFTY which would eventually drive up the market 😁😁.
Question still remains….. What to do now? 🤔
Here, since the decision would be made by investors on their own feedback mechanism, hence sell and book profits in case you visualize any eventuality of below 300; but if it's above that then, shortlist government “policy driven sector specific stocks”. The likes of PLI, EV, AI, PSUs, Defence and Railways. Besides, with so much money in the market banks would benefit anyway, more so as they have been laggard so far and the ITs that would form the backbone of the above policy driven sectors would benefit.
So in these eight sectors if an investor can 🚀target 2-3 good stocks each, there is a lot of money waiting to be made 💰.
HAPPY INVESTING 😀
#InvestorInterestbySQA
CA | Your Financial Success Is My Priority | I'll Help You Improve Your Relationship With Money | Founder - Valumonk Investments | Public Speaker
7moWhat he is recommending is timing the market. Best of luck to those who are trying this. Only God knows what Nifty is going to do tomorrow!