General election 2019: A stable govt in May can take Nifty to 13,000, says Kotak Securities
If the the hustings throw up a fractured mandate, the Nifty can go down to 10,000 as well, Kotak Securities said. Its managing director and chief executive Kamlesh Rao said which party comes to power is not very important but what's important is that the next government should have a clear majority.
Many analysts are of the view that the BJP will fare will badly at least in Rajasthan and Madhya Pradesh. Image source: Reuters