Congress win in Karnataka may test 10,000 on Nifty, says Jigar Shah

We expect Nifty50 range of 10,000-10,500 based on a 20 per cent earning expansion for CY2018

Puneet Wadhwa Last Updated at May 6, 2018 20:39 IST

With less than a week to go for the Karnataka assembly polls, Jigar Shah, chief executive officer, Maybank Kim Eng Securities, tells Puneet Wadhwa that the markets have not factored in the possibility of a loss for the Bharatiya Janata Party (BJP) yet. He says, the March results season is on the expected lines so far.

Edited excerpts: Are the markets factoring in the possibility of BJP’s loss in the upcoming Karnataka assembly election? The markets are not yet factoring any possibility of an NDA (National Democratic Alliance) loss in the Karnataka assembly election. They ...

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First Published: Sun, May 06 2018. 20:38 IST

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Congress win in Karnataka may test 10,000 on Nifty, says Jigar Shah

We expect Nifty50 range of 10,000-10,500 based on a 20 per cent earning expansion for CY2018

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs

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