Possible 2019 Scenarios & Market Outcomes

Source: CLSA Research

One reply on “Possible 2019 Scenarios & Market Outcomes”

Key element not considered is a (Non-Modi) BJP led coalition with a different PM. This will be positive for markets.
This is a bigger probability than the second option (Modi led coalition) as there are many ‘BJP-OK’ regional parties (like TDP, JDS, BSP) but are anti-Modi for just one factor – spreading of hatred and dividing society. This is because, BJP is expected to fall below 200, in which case, Modi wont be the auto choice within BJP, there could be a softer choice like Sushma Swaraj or even Yashwant Sinha!

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