‘Sensex can potentially swing 5% to minus 40% after poll result’
Morgan Stanley expects that the Sensex could gain 5% post the polls ( a three-month outcome) if the incumbent BJP wins around 260 seats.
MUMBAI : Investors could witness the Sensex rising by around 10% in the run-up to the general elections in 2024 in anticipation of a decisive win for the Bharatiya Janata Party (BJP) led government and could swing in a +5% to – 40% wide range, depending upon the outcome of the polls. This is the nub of a research report dated 3 September by global brokerage Morgan Stanley.
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