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Bulls have upper hand in run-up to Lok Sabha elections, history shows
Credit: IndiaTimes- Published on November 7, 2023
India's benchmark Nifty 50 Index has historically seen gains in the six months leading up to general elections, with an average return of 16%. As Prime Minister Narendra Modi faces state polls this month, the government may increase spending to boost sentiment and consumption. Despite expensive valuations and global headwinds,...