Will Indian stock market fall if INDIA bloc comes to power? Here’s what’s netizens feel

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Also Read: Can Indian stock market crash further before Lok Sabha election result? Users of social network forum Reddit contemplated on the question whether the stock market will slide down if the INDI alliance comes to power. Most of the users anticipate a knee-jerk reaction if BJP loses power, but they expect the market to continue to grow in the long-term, regardless of the party in power. “It doesn't matter which party is in power.

At the end of the day, they're all capitalist parties and India is going to continue growing as an economy for at least the next 30-40 years. Markets will panic, noise will get loud, and long term investors will continue to accumulate quality stocks and grow their wealth," commented a user. Also Read: General Elections 2024: Experts caution against buying on dips amid market fall; here's what they say Some also drew an inference from the 2008 return of the Indian National Congress-led United Progressive Alliance (UPA) to power, when the Indian stock market hit a 20% upper circuit and trading was suspended for the day.

“So whoever is in power doesn't matter in the long term as the Indian economy will keep growing only. However, short term knee jerk reactions will be there if the Modi govt fails to get the power again which is pretty obvious," said another user. However, some people believe if the market falls, it would be the best opportunity for picking good quality stocks which they missed out in the bull run.

A user also opined that the market may recover very quickly, if it falls off the cliff, led by strong macros. Also Read: Market will remain jittery until conclusion of General Elections 2024, says Viraj Gandhi of Samco Mutual Fund “Not sliding, but rather falling off a cliff. But