The biggest democracy of the world is dancing and awaiting for the May 16- 17 outcome, positive outcome is very important for India, as this will break or make the economy. Hung parliament is the worst thing if it happens. As per Election commission of India the cost of conducting polls was INR 600 per person, this is for them those who are not aware of the expenditure for conducting elections.
Well don’t want to express much opinion on the above as in this country every body is a born politician and every one has his/her consensus on the political parties.
Back to market so sensex will be at 24000 or 15000 on May 16, no body know this answer but definitely market will discount the information before the results are completely out.
If you are a long-term investor and has taken good valued stocks at a reasonable price in your portfolio, you should not be much worried. But if you are sitting on cash, it’s better to take the money that is on the table.
Just remember : Greed is Good but Markets are Ruthless .. .