Sensex Jumped Upto 40% In Last Four Presidential Poll Years

It might be a coincidence or sheer luck, but whenever India went to polls to select its new president, the stock market has given a double-digit return on 3 out of 4 occasions in the last 20 years.

Although there is no logical connection between the Sensex and presidential elections, but anecdotal evidence suggest that D-Street is likely to fare better in 2017. The Indian market has already rallied 20 percent so far in 2017 and if history holds true then we should close the year on a high note.

Parliamentarians voted to elect the 14th President of India earlier this week and the results will be declared on July 20.

For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory