India Election Results Give Relief to Nervous Modi Bulls
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Good morning, this is Ashutosh, an equities reporter in Mumbai. Our markets are in the global spotlight, thanks to two days of intense activity, with Prime Minister Narendra Modi right at the center of it all. His party’s less-than-stellar election win sent equities plummeting yesterday but we could be in for a bit of rebound — it’s pretty clear that Modi will continue to lead the country, with some help from allies. Things should get back to normal in just a few days.
Election-induced rout has a silver lining for some investors