State elections and stock markets - 6 points: Madhya Pradesh result key, Nifty to skyrocket if this party wins
As far as investors are concerned, they have seen a bloodbath yesterday due to exit polls impact, which had thrown up uncertain results, hinting at setbacks for the BJP, especially in Rajasthan. This caused an over 700 point plunge by Sensex. The news got worse in the evening as RBI Governor Urjit Patel quit. This is expected to impact the markets today too in a negative manner.
State election result impact on stock markets: Madhya Pradesh, Rajasthan, Chhattisgarh, Telangana and Mizoram election results are being eagerly awaited. Image source: IANS