Stock market on Monday: The results of Delhi Assembly Election have been clear. The Bharatiya Janata Party is forming a government in the country’s capital with absolute majority. In such a situation, people are asking on social media how the effect of this election will be on the stock market on Monday. Let us know from the stock market expert in this news how the impact of this election result will be on the market.
How is the impact on the market
Many factors work behind the fluctuations in the share market. The results of elections also play an important role in this. Especially when a party’s government is at the center and the government of the same party is formed in any state, then it is often seen that its effect is positive on the stock market. The stock market was open up after the BJP’s victory in both Haryana or Maharashtra states. When the stock market opened after the victory of the BJP alliance in Maharashtra, the Sensex was 1000 points up. Apart from this, when the stock market opened after the BJP’s victory in Haryana, the Sensex opened up 585 points.
What are experts saying
The results of the Delhi Assembly elections are still coming in many seats. Which party got how many seats in the state will be cleaned only after 4 pm. However, the picture that has been cleared so far, the Bharatiya Janata Party is seen getting 47 seats and the Aam Aadmi Party is seen getting 23 seats.
ABP News talked to market expert Santosh Kumar Singh about this and asked how much impact will be the impact of Delhi’s election results on the stock market? Santosh Kumar Singh while answering this question said, ‘At present, the stock market is troubled by the selling of foreign investors. However, the BJP’s victory in Delhi will strengthen the central government, which will affect the market positive. Boost may be seen in the market, but the effect of this victory will not be on the market for a long time.
He said, ‘After the BJP’s victory in Haryana or Maharashtra, there was a boom in the stock market because people did not expect the BJP to come so strongly in these states. Actually, the market reacts more on surprises. Whereas, people in Delhi came to know from the exit poll that the Aam Aadmi Party government is going to go.
Disclaimer: (Here the information provided is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult experts before investing as an investor. There is never advice to invest money here.)
Also read: New Income Tax Bill 2025: Big update on new income tax bill, Bill can be introduced in Parliament on this day, know what will change what will change
(Tagstotranslate) Delhi Assembly Elections (T) Delhi Assembly Results (T) Impact of Delhi Elections on Stock Market (T) How will the Stock Market Open on MON MANDAY (T) T) Delhi Assembly Elections 6
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