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This post was written on Thursday, 08-Feb-24. Since the stock markets are changing every second the data written in this post may not match if you are reading it later. I also send my articles to my email subscribers via email. If you also want to get my emails kindly subscribe in the form above this post.
The Indian General Elections 2024 are expected to be held in India between April and May 2024 to elect 543 members of the Lok Sabha. I thought let me write a post on what you can expect from the markets in the next 3-4 months.
1. INDIA VIX will increase till the elections are over. Then start decreasing once the results are announced.
Have a look at the INDIA VIX. This is the graph of INDIA VIX from Jan 24 till date. Can you see it’s slowly rising?
INDIA VIX 08-Feb-24
It may go up to 20-22 or more depending on what is happening in the country. This is one of those few times when INIDA VIX and the markets do not depend on economics or business news. Even the fundamentals of the stocks may not work during the next 3-4 months.
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