August 24, 2026 09:31 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
‘Reservation for poor, not caste’: Stir at Delhi’s Jantar Mantar | Dalit woman 'gangrape-murder' shocker in Karnataka: 4 arrested after body found in well | India dismisses Pakistan's 'frustration' over US envoy's J&K remark | Centre denies US visit clearance to Telangana CM Revanth Reddy, says programmes 'not appropriate' | Delhi Police register FIR in pellet gun case after Rahul Gandhi's sit-in | Rahul Gandhi stages dharna at Delhi police station over CJP protest crackdown, targets Amit Shah | CJP school tour turns chaotic in Jaipur: Cars vandalised, stones pelted as Ashutosh Ranka alleges BJP ‘goons’ attack | Vande Mataram row: Kangana Ranaut slams Sharmila Tagore, says ‘come out of Hindu-Muslim mindset’ | Jadavpur erupts again: ABVP-SFI clash, police barricades shattered as fresh tension grips area | Ex-Congress MP and 1984 anti-Sikh riots convict Sajjan Kumar dies while serving life sentence

Delhi elections results and Indian market

| | Feb 10, 2015, at 11:45 pm
An anti-corruption party is headed for a stunning victory in the Delhi state elections in a huge setback for India's Prime Minister Narendra Modi. We are expecting that the reform process will not stall, It’s good to have AAP on the winning side in Delhi as for this will act as a counter mechanism, AAP in Delhi and BJP at centre this will help drive the reform process on a track.

Both the parties will try to prove themselves, AAP being a maiden party will try to give their best and overcome the failures of past. The market will continue to be volatile for time being as it has already discounted the news and has been giving correction since past few days. In our view regarding the correction in the market after result outcome, if we see the fast few days movement then we can figure it out that market has already corrected around 8 % as the news has already discounted.

So further we didn’t see any such significant correction in the market on the down side, market will continue to be volatile and likely to remain in consolidation phase for the next few trading sessions. Investors should concentrate on fundamentally strong companies with great long-term growth potential and use the strategy of buying in dips.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.